Cryptocurrencies: 6,003
Markets: 542
Marketcap: $ 405.93 B
24h Vol: $ 51.77 B
BTC Dominance: 62.01%

Global market data

Cryptocurrencies: 6,003
Markets: 542
Marketcap: $ 405.93 B
24h Vol: $ 51.77 B
BTC Dominance: 62.01%

[THE BLOCK] Libra hires another HSBC alum as its CFO and CRO

The Block

Libra Networks has continued its wave of new hires, bringing on another HSBC alum as its chief financial officer and chief risk officer according to a new announcement.

Ian Jenkins was previously HSBC’s Head of Business Finance and Group General Manager. He also did stints at Credit Suisse and Santander. Now, he’s joining Libra during a “more operational phase of the project,” according to a statement from Libra Networks Managing Director James Emmett. Emmett is also a former HSBC employee, and took the role at Libra just last month.

Libra Networks, a subsidiary of the Libra Association, is aimed at managing the operations of the forthcoming blockchain-based payment system. The project has faced scrutiny since its announcement last year, including a number of Congressional hearings. 

Lately, it’s been on a hiring spree, adding former Homeland Security general counsel as its top lawyer, HSBC’s former Chief Legal Officer as its CEO and three lobbyist. 

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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