Binance.US has appointed a former Intel top executive as chief risk officer

He will join the company in January 2022 and will report directly to the CEO

18.12.2021 - 08:35

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1 min

What’s new? Binance's US subsidiary representatives said it has hired Intel's top compliance executive Sidney Majalya as the cryptocurrency exchange's chief risk officer. The company announced this on its Twitter account.

Join us in welcoming Sidney Majalya as Chief Risk Officer.He'll join the team next month as part of our commitment to expand our world-class risk and compliance organization.Learn more: https://t.co/O1HkVxuPHh pic.twitter.com/tjge8wa6B4— Binance.US 🇺🇸 (@BinanceUS) December 16, 2021

What is known about the new hire? Majalya is a former federal antitrust attorney who led Oracle’s and Uber's compliance offices. According to his LinkedIn profile, he has been vice president of legal affairs and chief compliance officer at Intel since August 2019. He will join Binance.US in January 2022 and will report directly to Brian Schroder, the CEO of Binance.US.

What does Majalya say? He commented on the situation like this:

“Binance.US is deeply committed to compliance, and our priority is to maintain and grow a world-class compliance and risk organization that earns the utmost trust of our customers, investors, and regulators.”

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