Ibukun Awosika, former chairman of First Bank of Nigeria, has been appointed to Binance’s global board of advisers.
Binance, a crypto exchange platform, said this in a statement on Thursday in Paris, France.
Changpeng Zhao, Binance founder and CEO, said the arrangement would help chart the best path forward 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.
“I and 11 other members are taking on a task that no one can do alone.”
Zhao also explained that the board would advise the company on regulatory, political, and social matters.
The board consists of eleven notable business leaders from around the world.
Henrique de Campos Meirelles, a former Brazilian minister of economy; David Wright, a former secretary general of the International Organisation of Securities Commissions; Bruno Bézard, a former head of the French Treasury; Ibukun Awosika, among others.
The other African on the board is South Africa’s Leslie Maasdorp, a former vice-president and chief financial officer of the New Development Bank.
Max Baucus, a former chairman of the US senate finance committee and ambassador to China, will lead the board.
Awosika said she would play her role in helping the board achieve its aims and objectives.
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“The transparency and accountability with which Binance seeks to deliver services to its clients are impressive,” she said.
“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.”