Profile and Biodata of Richard Teng, New Binance Boss Replacing Changpeng Zhao
The following is the profile and biodata of Richard Teng that you might be looking for. Richard Teng is the new CEO of Binance.
Richard Teng obtained this position after Binance chief executive Zhao Changpeng officially resigned on Wednesday, November 22 2023 after pleading guilty to US criminal charges for failure to protect against money laundering.
Teng, who currently serves as head of all of Binance's regional markets outside the United States, will assume responsibility for navigating the company once the years-long Department of Justice investigation concludes.
For fans of crypto and world finance, the name Richard Teng may already be familiar to your ears. With more than three decades of experience in the field, he has held important roles in the financial services and regulatory sectors in Singapore.
The following is the profile and biodata of Richard Teng that you may be looking for:
Richard Teng was born in Singapore in 1971. He is an experienced executive with more than three decades of a career in financial services and regulation. Richard joined Binance in August 2021 as CEO of Binance Singapore.
Soon after, Richard took on the role of looking after the MENA region, the European region, and eventually all regions outside the Americas as Head of Regional Markets at Binance.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), where he demonstrated his capabilities as one of the world's leading innovative regulators.
Richard's extensive experience also includes previous roles as Chief Regulatory Officer at the Singapore Exchange (SGX) and Director of Corporate Finance at the Monetary Authority of Singapore.
Richard holds a Master of Applied Finance (Distinction) from the University of Western Australia and a Bachelor of Accountancy (1st Class) from Nanyang Technological University.