Binance, the biggest cryptocurrency exchange in the world based on trading volume, revealed that it has created a worldwide advisory board made up of eminent corporate executives and former government officials.
The corporation will be able to engage with the board regarding the political and regulatory environment in the global cryptocurrency market.
Ibukun Awosika, the former chairman of First Bank of Nigeria Limited, and Leslie Maasdorp, the chief financial officer of the New Development Bank, are two prominent Africans on the board, which is headed by Max Baucus, a former chairman of the U.S. Senate Finance Committee and ambassador to China.
Ibukun Awosika is a graduate of the Lagos Business School’s Chief Executive Program, the Global Executive MBA at the IESE Business School in Barcelona, Spain, and the Global CEO Program at the Wharton, IESE, and C.E.I.B.S Business Schools.
Binance founder and CEO Changpeng “CZ” Zhao said “With this change clearly on the horizon, Binance’s role as an industry leader needs to be honed and managed with increasing expertise and experience. While we have doubled down our focus on regulatory compliance and transparency, we want to ensure that Binance is continuously drawing on its strategic counsel of experts.”
CZ added that “with the board, we will] consult the most complex regulatory, compliance, political, and social issues that we, as a company, and the entire crypto industry will face today and in the future. I’m honoured that our company has the credibility to convene such distinguished people who sit on our board.”
- Tags: #advisoryboard, #Binance, #Firstbank, #ibukunawosika
