Binance Holdings has appointed its board of directors for the first time. Gabriel Abed, who served as Barbados’ ambassador to the UAE, has been named chairman.
Chief executive Richard Heina Chen, Jingkai He and Lilai Wang also joined the board.
Chen, He and Wang are among Binance’s first employees and are named as members of the cryptocurrency exchange’s founding team.
Arnaud Ventura, managing partner of investment firm Gojo & Co, and Xin Wang, CEO of Bayview Acquisition, were named as external board members.
Earlier, the creation of the board was demanded by US authorities as part of a plea bargain.