World’s Largest Crypto Exchange, Binance, Appoints Nigeria’s Ibukun Awosika, 9 Others

September 22, 2022
Binance founder, Changpeng Zhao and Ibukun Awosika. Photo Credit: The Paradise News, Crypto News and Kemi Filani

Former First Bank of Nigeria (FBN) Holdings chairman, Ibukun Awosika, has joined the Global Advisory Board (GAB) of the largest cryptocurrency exchange, Binance, owned by Changpeng Zhao.

Awosika was appointed into the cryptocurrency company more than a year after she was unexpectedly forced to retire from First Bank following a clampdown by the financial regulator, Central Bank of Nigeria (CBN). 

Join our WhatsApp Channel

Binance made the announcement on Thursday, revealing that aside the 59-year-old, Max Bacus, the Former U.S. Ambassador to the People’s Republic of China and Hyung-Rin Bang, advisor of the Korea Presidential Committee were also appointed. 

Also, Bruno Bézard, the managing partner at Cathay Capital, former economic advisor to the French Prime Minister and ex-head of the French Treasury, Ed Vaizey, a member of the UK House of Lords, and David Wright, chair of Eurofi joined the advisory board. 

The company also appointed Adalberto Palma, former senior advisor to the President of Mexico; Christin Schäfer, founder of acs plus, Leslie Maasdorp, chief financial officer of the New Development Bank, as well as Henrique de Campos Meirelles, former president of the Central Bank of Brazil. 

Their appointment is in line with Binance trying to promote cryptocurrency adoption by governments around the world into global financial system, Convening a GAB with this caliber of leaders is a testament to Binance’s commitment to building trusting and cooperative relationships with regulators as they develop sensible regulations worldwide.” 

Reacting to the appointment, Awosika said, “The transparency and accountability with which Binance seeks to deliver services to its clients are 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.”

Featured Stories

Latest from Business

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm 

Nestlé Nigeria Returns to Profit as Naira Stabilises

Nestlé Nigeria has returned to profit after two years of losses, helped by a more stable exchange rate and stronger sales. The company reported a net profit of 105bn naira ($) for 2025, compared with a post-tax loss of 164.6bn naira the

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US tariffs and weak demand in China. The cuts will affect around 600 employees, out of the company’s 3,000-strong
Previous Story

Gates Foundation Announces $1.27 Billion in Health and Development Commitments to Advance Progress Toward the Global Goals

Tambuwal Takes Over As Interim NGF Chairman
Next Story

Tambuwal Takes Over As Interim NGF Chairman

Don't Miss

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

The Nigerian economy may be heading for a shutdown owing
National Confab On Nigeria's Future Holds May 12

National Confab On Nigeria’s Future Holds May 12

Emergency National Political Confab on the Constitutional future of Nigeria