ASX Group Executive Securities and Payments Tim Hogben, and Chief People Officer Lisa Green to Leave

ASX announced today the changes to its executive leadership team. Tim Hogben, Group Executive Securities and Payments, has decided to depart after 23 years at the goup to pursue new opportunities. Besides, Group Executive, People and Culture Lisa Green will step down as well.

According to the official press release, Hogben will be replaced by Clive Triance, a seasoned banking and technology executive with more than 30 years' experience at major global financial services organisations. Most recently, he was a managing director, head of strategic account management at FIS, a US-based financial technology company.

Managing Director and CEO Helen Lofthouse commented: "Tim has shown incredible commitment to ASX over more than two decades of service, and his presence and passion for the exchange will be missed. Having recently supported ASX in navigating the next stage of the CHESS replacement project, as well as delivering the special report on the supportability and maintenance of current CHESS, Tim and I have been discussing his longer-term plans and desire to take a break ahead of pursuing new opportunities."

Lisa Green has been with ASX for 8 years. She will remian with the role until the successor is found.

"Lisa led our COVID-19 response, significantly uplifted ASX's people and culture practices, and has driven the ongoing effort to create a more diverse and inclusive workforce. I’m grateful for the valued contribution Lisa has made and I'm pleased she will continue to support ASX until we finalise a transition of responsibilities," added Helen Lofthouse.

"Both Tim and Lisa are leaders who have, many times over, prioritised the needs of ASX, its customers and its people. I know their teams and stakeholders hold them in high regard and they leave a positive impact on those around them."

Last month, Fazzaco reported that ASX has entered into an agreement with Tradeweb Markets LLC, a world's leading operator of electronic marketplaces for rates, credit, equities and money markets, to sell all of its interest in Yieldbroker Pty Limited ( Yieldbroker) to Tradeweb​. Yieldbroker is a leading Australian government bond and interest rate derivatives trading platform which covers the institutional, wholesale, and primary markets.