Peter Hiom is set to leave the ASX on 1 July, to take an industry partner role with Motive Partners, a global investment firm focused on fintechs.
Mr Hiom has reportedly resigned from the ASX to further pursue his interest in fintech and blockchain technology.
ASX managing director and chief executive Dominic Stevens credited Mr Hiom with making a “significant contribution to Australia’s financial markets” during his 11-year tenure as deputy CEO.
“Peter is a strong advocate for embracing new technology to deliver innovation and efficiency across our industry. This is best exemplified by his leadership of the investigation and adoption of distributed ledger technology to underpin the replacement of CHESS,” Mr Stevens said.
Group executive Tim Hogben will continue to hold executive responsibility for the delivery and governance of ASX’s CHESS replacement project.
Mr Hogben has been involved in the project from its commencement, having done day-to-day management and oversight when the project transitioned from the design to delivery phase in October last year.
The project is still on track to go live in April 2023, the ASX reported.
Meanwhile, Mr Hiom said it was a privilege to have been part of the ASX’s journey in “innovation in financial markets”.
“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,” he said.
“These are exciting times in global financial markets and I look forward to continuing to play a part in shaping the industry’s future.”
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
