Cryptocurrency

Wei Zhou, Binance’s Chief Financial Officer Resigns

According to a spokesperson at Binance, the biggest crypto exchange by trading volume, Wei Zhou, the chief financial officer has left the company.

“After three years at Binance, Wei has decided to leave for personal reasons,” the spokesperson said in an email. “While we cannot comment on what Wei will do next, we would like to thank him for his services and contributions during his time here.”

It is unclear when specifically he left the exchange, but a Twitter account that appeared to be associated with him was still tweeting about Binance as of June 9. Binance later clarified with CoinDesk that the account does not represent Zhou and has reported the impersonation account to Twitter.

Binance recruited Zhou in 2018 for his “over 15 years of executive experience” in both the finance and technology industries. Zhou graduated from Harvard University and served as the vice-chairman at Grindr, the world’s leading LGBTQ social platform before he came to the exchange.

Given his track record of creating initial public offerings, there were rumors at the time of Zhou’s hiring that Binance was considering going public. Changpeng Zhao, the CEO of Binance, denied the rumor.

Wei Zhou graduated from Harvard University with a Bachelor’s Degree in Economics and East Asian studies.

He started his career in Goldman Sachs Hong Kong, where he worked for four years as a specialist in the investment banking division.

He has over 19 years of executive experience at leading technology, internet and media companies, where he has built up particular expertise in financial management and investments, as well as growing and scaling business operations in China and the United States.

Temitayo Olukoya

Share
Published by
Temitayo Olukoya

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

5 hours ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

6 hours ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

6 hours ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

7 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

7 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

8 hours ago