Binance Appoints Justin Yek as New Chief Financial Officer

TechFlow reported on November 8, citing The Defiant, that Binance has appointed Justin Yek as its new Chief Financial Officer, while current finance head Kaiser Ng will step down.

Binance Co-CEO He Yi said Ng decided to pursue new ventures after serving at the company for more than five years, and the transition plan had been underway for six months, prior to the asset theft incident on October 29.

Yek previously oversaw finance at Airwallex and served as a technology investment banker at Morgan Stanley and Citigroup. Binance said the earlier theft involved approximately USD 6.34 billion in digital assets.

Source: TechFlow