Peter Hiom, deputy CEO and group executive business development, has resigned from the
Australian Securities Exchange (ASX), Australia's primary securities exchange, after 23 years.
Hiom will leave the organisation on 1 July to further his interest in fintech and blockchain technology.
After July, Hiom is set to become industry partner at Motive Partners, a global investment firm focused on financial services technology companies.
Hiom is a strong advocate for embracing new technology to deliver innovation and efficiency across the industry, which ASX says is best exemplified by his leadership of the investigation and adoption of distributed ledger technology to underpin the replacement of CHESS.
Meanwhile, executive responsibility for the delivery and governance of ASX’s CHESS replacement project continues with group executive Tim Hogben.
Hogben has been involved in the project from the start, assuming day-to-day management and oversight when the project transitioned from the design to delivery phase in October last year.
In October, ASX confirmed the new go-live date for the CHESS replacement system has been pushed back until April 2023, with increased project scope and a 12-month extension to the proposed date consulted on mid-year.
ASX managing director and CEO Dominic Stevens, says: “Peter Hiom has made a significant contribution to Australia’s financial markets over many years, first at SFE and then ASX, including the past 11 years as Deputy CEO. We thank and congratulate Hiom on his service and wish him the very best.”
Hiom comments: “ASX has a long history of innovation in financial markets and it has been a privilege to have been part of its journey. The company is well positioned for the technology-driven opportunities ahead, and I thank our customers and everyone at ASX for their hard work and support over the years.”
“These are exciting times in global financial markets and I look forward to continuing to play a part in shaping the industry’s future,” Hiom adds.
