ABSTRACT In this paper, we present the synthesis and characterisation of an anthraquinone-based discotic liquid crystal (DLC), AFLC-14-doped ceric phosphate, a novel composite ion exchanger which exhibits superior ion exchange properties. The incorporation of AFLC-14 betwixt the layers of ceric phosphate aims to strengthen the material’s thermal property, adsorption capacity, and disinfectant properties along with ion-exchange capabilities. The reported material underwent extensive physico-chemical characterisation using various analytical techniques, including FTIR, UV-vis spectrophotometry, XRD analysis, SEM imaging, TGA/DTA studies and elemental investigation. Additionally, ion-exchange characteristics were investigated, encompassing ion-exchange capacity, concentration dependency, thermal property, adsorption studies for alkaline earth and heavy/transition metal ions, and binary separation experiments. Our findings reveal that the incorporation of a DLC betwixt ceric phosphate matrix significantly improves the exchanger’s overall performance. Notably, the hybrid ion exchanger exhibits remarkable selectivity for mercury (II) ions, indicating its potential for selective ion removal applications in environmental remediation and water purification processes.