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Binance names co-founder Yi He co-CEO alongside Richard Teng

Cointelegraph
Binance appointed co-founder Yi He as co-CEO to work alongside CEO Richard Teng.

Summary

Crypto exchange Binance has appointed its co-founder, Yi He, as co-CEO, formalizing her leadership role alongside current CEO Richard Teng. The announcement was made by Teng during Binance Blockchain Week, who described the move as a "natural progression" given He's integral role since the exchange's launch. Prior to this, He served as the chief marketing officer and is credited with driving community growth and product innovation. Teng noted that the shared leadership will leverage two distinct perspectives: Teng's background in regulated financial markets and He's experience as a crypto native who also co-founded Okcoin (now OKX). Richard Teng assumed the CEO role in November 2023 following the resignation and guilty plea of former CEO Changpeng "CZ" Zhao.

(Source:Cointelegraph)