Mr Stevens began his new role on 19 December 2013 and will stand for election as a director at the next AGM in September.
He served as chief executive and managing director of Challenger between 2008 and 2012 and as deputy managing director before that.
Prior to Challenger, Mr Stevens was senior managing director of capital markets, Asia, at Zurich, specialising in structured finance, derivatives and risk management.
ASX chairman, Rick Holliday Smith said Mr Stevens has an excellent pedigree in financial services and a well-regarded reputation.
Mr Smith said the appointment will strengthen the ASX Board’s expertise in the capital and derivatives markets.
“In addition, Dominic will bring fresh insights to the challenges and opportunities presented by Australia’s growing pool of funds under management and the increasing reach of global regulation,” he said.
“These issues are important to both ASX and the broader economy.”
