News & Current Affairs

Binance Names Ibukun Awosika, 10 others to Global Advisory Board

By Angel Nduka-Nwosu | Sep 22, 2022

Ibukun Awosika, the former Chairman of First Bank, Nigeria, has been selected by the cryptocurrency group Binance to join its global advisory board.

Ms Awosika was the first woman to lead First Bank of Nigeria in 2015. She has served on the National Job Creation Committee's board and also on the Nigerian Sovereign Investment Authority. 

She is also the co-founder of Women in Management, Business and Public Service, a social enterprise dedicated to bringing more women into finance-related jobs.

According to NairaMetrics, her selection to the board was announced by Binance in a press release on the company's website. 

It further noted that she was picked to help the cryptocurrency exchange manage some of the urgent regulatory issues facing the crypto industry.

“We are aware that licenses and rules will necessitate much discussion and negotiation, but the trend is clear—more and more nations want to establish a promising future,” the report stated.

Commenting on her selection, Ms Awosika said: “The transparency and accountability with which Binance seeks to deliver services to its clients are impressive. 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.”

Some others selected include Leslie Maasdorp, the chief financial officer of the New Development Bank and Christin Schafer, the founder of ACS Plus.