Iress chair to step down

Iress chair Tony D'Aloisio is set to step down from the Iress board in May following.

"I am a firm believer in Board and chair renewal and after more than eight years as a director the past six years as chair, this is the right time both for me and for Iress to step down," said D'Aloisio. "Being director and chair of Iress has been a privilege and I am confident that Iress will continue to adapt and grow in the years ahead. I thank my fellow directors and management for their work and support and all of the dedicated team at Iress. I will miss them greatly."

D'Aloisio became a commercial law with Mallesons 1970s and became chief executive of the organisation in 1992. In 2004 he was appointed as managing director and CEO of the ASX. In 2007 he became the ASIC chair and held the position for four years.

"Tony's experience across a range of areas such as strategy, governance and leadership has been invaluable over a long period of growth and change for Iress," said Iress managing director and chief exec Andrew Walsh. "He has played a critical role in shaping Iress and setting it up for further success. I thank Tony on behalf of my fellow directors and the management team for his guidance and counsel."

Iress has announced that Roger Sharp will join the board and has been named chair-elect.