The Australian Securities Exchange (ASX) has announced the appointment of Clive Triance, a senior leader at US financial technology giant FIS, set to step in after the immediate departure of securities and payments chief, Tim Hogben.

Hogben departs the ASX after more than 20 years, beginning his career with the exchange in 2000 as a senior operations analyst. Prior to his most recent role as securities and payments chief, held since November 2021, he served as head of the ASX’s equity post-trade function.

Before this, he served as the ASX’s chief operating officer for just over three years.

In his most recent position, which involved a mix of technology and operations functions, Hogben oversaw the securities exchange’s cash equities clearing and settlement businesses, its settlement and depository business for the wholesale debt market, critical support services for ASX Collateral, payments, and financial settlement management (the settlement platforms FSM/Sympli), and as well as issuer and post-trade investor services.

He also assumed overall executive responsibility for delivery and governance, in October 2020, of the ASX’s bedevilled CHESS replacement project. Hogben was also charged with leading the creation of the recently released ‘special report’ on the sustainability and maintenance of the current CHESS program.

ASX chief executive Helen Lofthouse, in a statement, praised Hogben’s “incredible commitment to the ASX over more than two decades of service,” singling out his key role in drafting the special report.

Triance, who relocates from his current base in London, is set to commence with the ASX in August.

The securities exchange welcomed its most recent executive recruit, a UK native who has worked within the financial services technology and brokerage and securities trading space for more than 30 years.

Triance’s most recent role, as managing director head of strategic account management at FIS – one of the world’s largest fintechs, boasting a global workforce of more than 60,000 – saw him lead a strategic account team tasked with “building trusted relationships with global banking and broking clients at an executive level” and facilitating the delivery of FIS-developed technology solutions, including asset management, securities and post-trade processing, and trading and market data platforms.

Between 2012 and 2019, he also served at UK banking giant HSBC as global head of banks and broker dealer outsourcing, and has been involved in various sales, consultancy, and education and leadership development roles within the financial services space.

The ASX also announced the departure of long-serving people and culture chief Lisa Green, who currently oversees the securities exchange’s human resources function.

Green, who held the role for eight years, arrived at the ASX from JP Morgan and Chase, serving most recently as the US banking giant’s executive director, head of global real estate vendor management.

As part of her role with the ASX, Green was charged with driving the group’s diversity, learning and development initiatives, alongside recruitment, performance management activities, compensation and benefit structures, HR policies and systems, and ongoing employee alignment and engagement initiatives.

Lofthouse praised Green’s leadership of the ASX’s Covid-19 response, as well as her role in “significantly [uplifting the] ASX’s people and culture practices” and in driving the “ongoing effort to create a more diverse and inclusive workforce”.

The ASX also confirmed an expansion of the people and culture portfolio to, it said, “include certain transformation responsibilities”.

The securities exchange is currently recruiting for a new chief people officer, with Green continuing in the role until a new CPO is recruited.

The group is also recruiting for a new chief customer and operating officer following the announcement last month of Val Matthews’ departure from the organisation.