Binance establishes 1st board of directors, yet to select HQ site

Binance establishes 1st board of directors, yet to select HQ site

Binance has appointed a board of directors for the first time as regulatory crackdown intensifies.

The newly formed board will be chaired by Gabriel Abed, previously Barbados’ ambassador to the United Arab Emirates. The board comprises seven members, including Binance CEO Richard Teng and other key executives such as Heina Chen, Jinkai He, and Lilai Wang, who were among the platform’s founding members.

Additionally, two external members, Arnaud Ventura, a managing partner at Gojo & Co., and Xin Wang, CEO of Bayview Acquisition Corp., will join the board. The development was officially confirmed on March 7, as reported by Bloomberg.

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