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.”

+ posts

Featured Stories

Latest from Business

Fidson Grows Revenue By 55%, Profit Reaches N11.90bn

Fidson Grows Revenue By 55%, Profit Reaches N11.90bn

Fidson Healthcare saw a 55.83 percent increase in its revenue, which stood at N93.08 billion for the period between January and September 2025, compared to the N59.72 billion generated in 2024. In the company’s unaudited report and financial statements for the period

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99
NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Over N118.37bn Added To Nigerian Stock Market Cap

Guinness led the gainers’ list on the Nigerian Exchange (NGX) on Wednesday, December 24, and Legend Internet topped the losers’ table as the stock market capitalisation increased by N118.37 billion. According to NGX, the stock market capitalisation grew to N97.89 trillion, from
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

Chinese Foreign Ministry Asserts Non-Interference In Arctic LNG-2 Project Amid U.S. Sanctions

China Asserts Non-Interference In Arctic LNG-2 Project Amid U.S. Sanctions

Amidst escalating tensions due to U.S. sanctions on Russia’s Arctic
Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Moghalu Briefs EU Nigeria On Economy, Named Fellow Academy Of Int’l Affairs

A former Deputy Governor of the Central Bank of Nigeria,