Peter Hiom Leaves ASX and Will Join Motive Partners

Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.

Peter Hiom, ASX’s Deputy Chief Executive, is leaving ASX on 1st July and will join Motive Partners as an industry partner.

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According to a press release shared with Finance Magnates, Peter Hiom is exiting his position as Deputy Chief Executive at ASX, the Australian Securities Exchange, after serving the exchange for almost fifteen years. Additionally, Hiom was the Group Chief Executive of Business Development.

Hiom, a well-known executive in the finance industry, has more than two decades of experience working for financial brokers and exchanges in Sydney, Australia and London, UK.

Play a Part in Shaping the Industry’s Future

Commenting on the departure, Dominic Stevens, ASX Managing Director and Chief Executive, said: “Peter 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 Chief Executive].”

Stevens added, “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.”

ASX announced that its blockchain replacement for CHESS is still planned to go live in April 2023. However, previously it had postponed this event for the period of two years. This responsibility has been passed on to group executive Tim Hogben who will be in charge of the CHESS replacement project.

“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 said.

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