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

Each Nigerian Paid Nearly ₦19,000 to Electricity DisCos in December 2025

On average, each electricity consumer in Nigeria contributed about ₦18,860 to distribution companies (DisCos) in December 2025, the Nigerian Electricity Regulatory Commission (NERC) reported Friday. DisCos billed ₦258.66 billion of the ₦309.65 billion worth of electricity supplied, achieving a billing efficiency of
John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

Nigerian Stock Market Valuation Rises By N119bn

The Nigerian Exchange (NGX), also known as the stock market, recorded a N119.03 billion gain on Friday, March 6, after the market valuation of the bourse increased to N126.43 trillion, from the N126.31 trillion reported on Thursday, March 5. At the end

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of
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

Asake Features H.E.R In 'Lonely At The Top' (Remix)

Asake Features H.E.R In Lonely At The Top (Remix)

Asake, Nigerian singer-songwriter, unveils the much-anticipated “Lonely At The Top

Igbos Are Not Slaves To The North – Niger Delta Leader, Clark

Leader of the Pan Niger Delta Forum and elder statesman,