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

NGX

NGX Rebounds With N683bn Gain As Market Cap Settles At N122.23trn

The Nigerian Exchange (NGX) recovered from the slump recorded on Tuesday, February 17, with a N683.62 billion gain as the market capitalisation closed at N122.23 trillion on Wednesday, February 18. During trading the previous day, the NGX’s market capitalisation closed at N121.55

Kano Shuts Entertainment Centres for Ramadan

The Kano State Government has ordered the closure of all entertainment centres across the state ahead of the Muslim holy month of Ramadan. The directive, announced on Tuesday by the Kano State Censorship Board, affects venues popularly known as gala houses as well as
Nigeria Now Leading Cement Exporter In Africa – Dangote

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially bringing the exchange rate down to as low as ₦1,100 to $1. Dangote made the remarks on Tuesday
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

Nigerians Can Enjoy Any Movie For Just ₦‎1,000 At Cinemas

Nigerians Can Enjoy Any Movie For Just ₦‎1,000 At Cinemas This Saturday

In an exciting announcement, the Cinema Exhibitors Association of Nigeria

Plateau United Fall To Libyan Side, Eliminated From CAF Confederation Cup Group Stage

Former Nigeria Professional Football League, NPFL champions, Plateau United on