Strengthening the global leadership team, OKX appoints former Goldman Sachs and McKinsey executive Yuri Mushkin as global chief risk officer

24-10-15 17:56

Read this article in 5 Minutes

AI summary

View the summary

Article source: OKX

On October 15, OKX, a global trading platform and Web3 technology company, announced the appointment of Yuri Mushkin as its global chief risk officer in Singapore.

Prior to joining OKX, Yuri was a partner at McKinsey Investment Office (MIO), a global investment consulting firm that manages over $20 billion in assets in public and private capital markets. He has more than two decades of experience in capital markets and risk management, covering traditional assets and digital assets, and has held senior positions in multinational companies such as Goldman Sachs and McKinsey. During his tenure at OKX, Mushkin will be responsible for leading the company's global risk strategy and enterprise risk management functions independent of the business, reporting directly to the CEO and the board of directors.

Star Xu, Founder and CEO of OKX, said: "Strong risk management capabilities have always been our top priority and part of our DNA. For more than a decade, we have weathered multiple cryptocurrency market cycles and demonstrated our resilience in front of global stakeholders such as leading regulators, financial institutions and corporate partners. I am pleased to welcome Yuri as our Global Chief Risk Officer. His appointment is part of our continued efforts to build products that meet the high expectations of our customers and global stakeholders."

OKX is committed to building responsibly around the world. On October 10, the company announced that it has officially started operations and obtained a license in the UAE. With this announcement, the company became the first global cryptocurrency company in the UAE to provide AED banking services to retail and institutional clients.

In September, the company announced that its local entity, OKX SG Pte. Ltd. (OKX SG), received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

In July, OKX designated Malta as its Marketplace for Crypto-Assets (MiCA) hub, which will allow the trading platform to offer products and services to over 450 million EU residents in the coming months.

OKX is committed to transparency and publishes its Proof of Reserves on a monthly basis.

For more information, please contact Media@okx.com

About OKX

OKX is a technology company dedicated to building global blockchain infrastructure, making it more accessible and useful.

We want to create a more efficient, transparent and connected future.

OKX started as a cryptocurrency trading platform, providing trading opportunities to millions of users and gradually became one of the largest trading platforms in the world. In recent years, we have developed a multi-chain wallet for millions of users to access decentralized applications (dApps).

OKX is a trusted brand for many large institutions that seek to gain access to the crypto market through a reliable platform that seamlessly connects the global financial system.

Our most well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, please download our app or visit the official website.