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Binance finance chief Kaiser Ng to leave after five years, Yi He says

Binance's chief financial officer, Kaiser Ng, is leaving the exchange after more than five years, co-CEO Yi He said. Justin Yek, formerly of Airwallex, will replace him.

Why it matters: The change at the top of Binance's finance function follows the largest crypto theft on record, a $6.3bn hack the exchange says it will absorb itself.

InvestIn.News NewsDesk · 1 min read
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Picture from Cointelegraph for: Binance finance chief Kaiser Ng to leave after five years, Yi He says
Image: Cointelegraph
Original reporting: Michael Millard, Cointelegraph

Key points

  • Ng's LinkedIn profile lists him as Binance CFO since January 2022, after about five years in the same role at Kraken.
  • Justin Yek, previously vice-president of finance at Airwallex, will take over, according to Reuters.

Binance's finance chief Kaiser Ng is leaving the exchange, with Justin Yek named as his replacement, according to a Reuters report. Co-CEO Yi He said Ng had chosen to pursue a new venture after more than five years at the company, and that a transition plan had been running for the past half year.

Ng's LinkedIn profile shows he became Binance's chief financial officer in January 2022. Before that he held the same post at the crypto exchange Kraken for about five years. Yek joins from the payments firm Airwallex, where he was vice-president of finance.

Read the full story on Cointelegraph

Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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