Binance, the world’s largest cryptocurrency exchange by trading volume, is pleased to announce the formation of its new Global Advisory Board (GAB), comprised of distinguished experts in public policy, government, finance, economics and corporate governance.
The Global Advisory Board, chaired by former US Senator and Ambassador to China Max Baucus, recently met in Paris, France. The purpose of the panel is to advise Binance on some of the most complex regulatory, political and social issues facing the entire crypto industry as it grows and rapidly evolves.
“For the past five years, Binance has been at the forefront of the exciting new world of crypto, blockchain and Web3,” said Binance founder and CEO Changpeng Zhao. “During that time, we tackled complex problems nobody knew existed. We have consistently focused on delivering compliance solutions that protect the interests of crypto users while maintaining a fast pace of socially beneficial innovation. The GAB represents the next major step forward in our journey to share the benefits of modern finance and blockchain with the world.
HyungRin Bang from Korea said: “As the cryptocurrency and blockchain industry enters new phases around the world, it is inspiring to be part of the Binance Global Advisory Board, where respected experts from different fields come together to discuss the sustainability of the industry. As a champion of information and technology, Korea has significantly expanded its domestic cryptocurrency and blockchain industry. I want to enhance the GAB with insights I’ve witnessed throughout my career as technology grows.
Binance leverages the GAB’s unrivaled collective experience and expertise to promote the sustainable development of the industry as a whole by addressing the most difficult and sensitive regulatory and compliance issues faced by crypto, blockchain and Web3.
“We always put our users first, and that has served us as a very effective North Star for the past five years with unprecedented, exciting growth,” Zhao said. “With the GAB, we increase our ability to manage regulatory complexity by drawing on the highest level of expertise available anywhere in the world. This collaboration between Binance and the GAB’s leading experts is a testament to our focus on compliance, transparency and ensuring a collaborative relationship with the world’s regulators as they develop sound regulations around the world.
The list of GAB includes:
Max BaukusUnited States of America
Former US Ambassador to the People’s Republic of China; Former US Senator Montana; Former Chairman of the Senate Committee on Finance
Ibukun Awosika Nigeria
First Female Chair, First Bank of Nigeria; Founder, The Chair Center Group; Chair, Nigerian Advisory Council on Impact Investing and Convention on Business Integrity; Member of the G7 International Task Force on Impact Investing; Author of several books
Hyung Rin BangKorea
Advisor to the Presidential Committee of Korea; PR/Communications Advisor to Yoon Seuk-Yul’s 2022 Presidential Campaign; Former CEO, SoftForum Inc.; Former CEO, Hyundai; Former CEO, Samsung;
Managing Partner of Cathay Capital; Former Economic Advisor to the French Prime Minister; Former Head of the French Treasury; Former CEO of the French public equity agency
Leslie MaasdorpSouth Africa
Vice President and Chief Financial Officer of the New Development Bank. Former Managing Director and President, Southern Africa, Bank of America Merrill Lynch. Former Vice Chairman of Barclays Capital. Former international advisor to Goldman Sachs.
Henrique de CamPos Meirelles Brazil
Former Economy Minister, Former President of the Central Bank of Brazil, Former Chairman of the Board of J&F, Former Board Member of Azul Brazilian Airlines, Former President of Bank Boston; Former President of Global Banking, Fleetboston Financial; Former Board Member, Raytheon Corporation, Bestfoods and Champion International. Former Member of the Council of Lloyd’s of London; Former Chairman of Lazard Americas.
Honorary Board Member, Aspen Institute Mexico; Former Senior Advisor in the Office of the Chief of Staff to the President of Mexico; Director of Business Development at BEworksMX Consulting; Former President of CNBV; Founding Chair of the Center for Excellence in Corporate Governance. Independent Director of the Institute for Savings Protection; President of Bankers Trust Mêxico, Colombia and Venezuela; Managing Director of Citibank Mexico.
David PluffeUnited States of America
Business, non-profit and political strategist; Author, member of various boards of directors; Former Campaign Manager Senior Advisor to President Obama at the White House
Founder and Managing Director of acs plus; Former Group Risk Operating Officer, Erste Group Bank; Former Global Head of Quantitative Solutions, Deutsche Bank, Member of the Data Ethics Commission, German Federal Government
Mr. VaizeyUnited Kingdom
Member of the House of Lords; Former Minister and Member of Parliament
Chair, EUROFI; Former Secretary General, IOSCO, Former European Commission; Deputy Director General Financial Markets, European Commission