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Former U.S. Treasurer Joins Ripple's Board of Directors

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Tue, 05/04/2021 - 15:27
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Alex Dovbnya
The woman who was once responsible for signing U.S. banknotes is now sitting on Ripple's board of directors
Former U.S. Treasurer Joins Ripple's Board of Directors
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Distributed ledger tech provider Ripple has added former U.S. Treasurer Rosie Rios to its Board of Directors.

In his statement, Ripple CEO Brad Garlinghouse claims that she provides "an invaluable perspective" to his company:

Rosie's experience in the public and private sectors provides an invaluable perspective to Ripple, especially during this time as the industry works to define crypto’s future.

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Rios will replace SBI Holdings CEO Yoshitaka Kitao, who quietly left the Board of Directors in March.

While her name is mostly unknown to the average Joe, those who look closely at their dollar banknotes will definitely recognize it. During Rios' tenure as America's 43rd treasurer, which lasted from 2009 to 2016, billions of greenbacks were printed with her signature.

A banknote
Image by 123rf.com

As ubiquitous as it might be, the job of a treasurer is rather ceremonial compared to the U.S. secretary of the treasury—who is actually responsible for shaping the country's monetary and economic policy.

Ripple has a new CFO

On top of that, Ripple has hired fintech veteran Kristina Campbell, who has assumed the role of the company's chief financial officer. She will be responsible for driving the company's growth on a global scale. Prior to joining Ripple, Campbell had the same role at the billing and payments platform PayNearMe.

She will replace former TubeMogul CFO, Ron Will, who joined Ripple back in November 2017. In March, Will was hired by London-based digital clinic Hinge Health.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.