Binance forms board of directors for the first time

Gabriel Abed, the ambassador of Barbados to the United Arab Emirates, chairs the crypto exchange’s board of directors.

Binance Holdings, which operates the cryptocurrency exchange of the same name, has formed a seven-person board of directors filled with company executives and independent members.

According to Binance’s website, the firm’s board of directors is now chaired by Gabriel Abed, the former ambassador of Barbados to the United Arab Emirates (UAE). Other members included Binance CEO Richard Teng, Binance co-founder Heina Chen, Bayview Acquisition Corp CEO Xin Wang, Gojo & Company managing partner Arnaud Ventura, Roger Wang and Rock He.

“We are pleased to share that Binance has established a new Board of Directors,” a spokesperson told Cointelegraph. “The Board consists of seven total Directors, three of whom are Independent Directors. We are proud to have some of the world’s strongest Web3 leaders advising our company as we enter our next chapter.”

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Source: https://cointelegraph.com/news/binance-board-of-directors