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Nairametrics
Home Companies Corporate Updates

Binance announces Global Advisory Board

 A major step in the company’s efforts to support the sustainable development of blockchain technology

NM Partners by NM Partners
September 22, 2022
in Corporate Updates
Binance announces Global Advisory Board
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Binance, the world’s largest cryptocurrency exchange by trading volume, is pleased to announce the creation of its new Global Advisory Board (GAB), comprised of distinguished experts in public policy, government, finance, economics, and corporate governance.

The Global Advisory Board, chaired by former US Senator and Ambassador to China, Max Baucus, recently convened in Paris, France. The board’s purpose is to advise Binance on some of the most complex regulatory, political, and social issues the entire crypto industry faces as it grows and evolves at a fast pace.

“For the past five years, Binance has been at the forefront of pioneering the exciting new world of crypto, blockchain, and Web3,” said Binance founder and CEO Changpeng Zhao. “In that time, we’ve tackled complex issues no one even knew existed. We’ve maintained our focus throughout on delivering compliance solutions that protect the interests of crypto users, while keeping a brisk pace of socially-beneficial innovation. The GAB represents the next big step forward in our journey to share the benefits of modern finance and the blockchain with the entire world.”

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“The transparency and accountability with which Binance seeks to deliver services to its clients is impressive. As a company of the future, Binance must continue to evolve, build and find solutions in real time. I am proud to play a role as a member of its Global advisory board and to be a part of truly transforming the web3 economy.” said Nigeria’s Ibukun Awosika.

Prior to joining Binance’s Global Advisory Board, Ibukun served as the First Female Chairman, First Bank of Nigeria; Founder, The Chair Centre group; Chairman, Nigerian Advisory Board, for Impact Investing and Convention on Business Integrity; Member G7 International Task Force for impact investing and is the author of several books.

Binance is harnessing the GAB’s unrivaled collective experience and expertise to benefit the sustainable development of the industry as a whole, by weighing in on the toughest and most sensitive regulatory and compliance issues facing crypto, blockchain, and Web3.

“We always put our users first, and that’s served as a very effective North Star for us over the past five years of unprecedented, exciting growth,” Zhao said. “With the GAB, we’re supercharging our ability to manage regulatory complexity by tapping into the highest level of expertise available anywhere in the world. This collaboration between Binance and the leading experts of the GAB is a testament to our focus on compliance, transparency and ensuring a collaborative relationship with the world’s regulators as they develop sensible regulations worldwide.”

The GAB’s roster includes:

Max BacusFormer U.S. Ambassador to the People’s Republic of China;
USAFormer U.S. Senator Montana; Former Chairman of Senate
Committee on Finance
Ibukun AwosikaFirst Female Chairman, First Bank of Nigeria; Founder, The
NigeriaChair Centre group; Chairman, Nigerian Advisory Board, for
Impact Investing and Convention on Business Integrity;
Member G7 International Task Force for impact investing;
Author of several books
HyungRin BangAdvisor of the Korea Presidential Committee; PR/Communications
KoreaAdvisor of Yoon Seuk-Yul’s 2022 Presidential Campaign; Former
CEO, SoftForum Inc.; Former Executive Director, Hyundai; Former
Executive Director, Samsung;
Bruno BezardManaging Partner of Cathay Capital; Former Vice Minister of
FranceFinance; Former Economic Advisor to the French Prime Minister;
Former head of the French Treasury
Leslie MaasdorpVice President and Chief Financial Officer of the New Development
South AfricaBank; Former MD & President for Southern Africa at Bank of
America Merrill Lynch; Former Vice Chairman of Barclays Capital;
Former International Adviser to Goldman Sachs.
Henrique de CamposFormer Minister of the Economy, Former President of the Central
MeirellesBank of Brazil, Former Chair of J&F’s board of directors, Former
BrazilMember of the Board of Directors of Azul Brazilian Airlines, Former
President, Bank Boston; Former President of Global Banking,
Fleetboston Financial; Former Board member, Raytheon
Corporation, Bestfoods and Champion International. Former
Member of the Council of Lloyd’s of London; Former Chairman of
Lazard Americas.
Adalberto PalmaHonorary Board Member of The Aspen Institute Mexico; Former
MexicoSenior Advisor at the Chief of Staff Office to the President of
Mexico; Director of Business Development at BEworksMX
Consulting; Former President of the CNBV; Founding Chairman of
The Center for Excellency in Corporate Governance. Independent
Director of the Institute for Savings Protection; President of Bankers
Trust Mêxico, Colombia and Venezuela; Managing Director of
Citibank Mexico.

 

David PlouffeBusiness, Non-Profit and Political strategist; Author, Member of
USAVarious Boards of Directors; Former Campaign Manager Senior
Advisor to President Obama in the White House
Christin SchäferFounder and Managing Director of acs plus; Former Group Risk
GermanyOperating Officer, Erste Group Bank; Former Global Head of
Quantitative Solutions, Deutsche Bank, Member of the Data Ethics
Commission, German Federal Government
Lord VaizeyMember of the House of Lords; Former Minister and Member of
UKParliament
David WrightChair, EUROFI; Former Secretary General, IOSCO, Former
EuropeEuropean Commission; Dep DG Financial markets, European
Commission

 


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