Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the formation of its new Global Advisory Board (GAB), comprised of top professionals in public policy, government, finance, economics, and corporate governance. The new Global Advisory Board includes Ibukun Awosika, the first female chairman of First Bank of Nigeria. She is joined by Max Bacus Former U.S. Ambassador to the People’s Republic of China; Hyung-Rin Bang, advisor of the Korea Presidential Committee; Bruno Bézard, managing partner at Cathay Capital, former economic advisor to the French Prime Minister and ex-head of the French Treasury; Henrique de Campos Meirelles, former president of the Central Bank of Brazil; Leslie Maasdorp, chief financial officer of the New Development Bank; Adalberto Palma, former senior advisor to the President of Mexico; Christin Schäfer, founder of ACS plus; Ed Vaizey, a member of the UK House of Lords;and David Wright, chair of Eurofi.
Binance founder and CEO Changpeng Zhao stated that the agreement would aid in charting the best path ahead for web3 crypto. “To help chart the best path forward for web3, crypto, our company, and our users, I have established the Binance Global Advisory Board (GAB),” he said. The Global Advisory Board, presided by Max Baucus, former US Senator and Ambassador to China, recently met in Paris, France. The board’s mission is to advise Binance on some of the most intricate regulatory, political, and social challenges confronting the global crypto sector as it rapidly expands and advances.
According to a press release, the prominent cryptocurrency exchange has been urging countries to step up and embrace an economic future in which cryptocurrencies and blockchain will play a big role.“ We are aware that licenses and rules will necessitate much discussion and negotiation, but the trend is clear—more and more nations want to establish a promising future,” the report stated.
Ibukun Awosika was the Chairman of First Bank of Nigeria before joining Binance’s Global Advisory Board. She is on the International Advisory Board of IESE Business School in Barcelona, Spain, and is a member of the Nigerian Economic Summit Group (NESG). “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,” she said.
Given the rapid advancement of Web3, cryptocurrencies, and blockchain technology, it is crucial that Binance leverages its competence, diverse experiences, and backgrounds to securely lead us through this fast-paced industry.