In addition to adding a new CFO, Ripple is proud to announce the appointment our newest board member, Benjamin Lawsky.

Lawsky, the former superintendent of financial services for the state of New York, has more than two decades of experience in both federal and state government. He’s also a luminary in the financial services and digital-asset space.

In fact, Lawsky created BitLicense — an industry-leading regulation for digital-asset businesses operating in the state of New York.

Additionally, Lawsky has served as an assistant U.S. attorney in the Southern District of New York, chief counsel to U.S. Senator Charles Schumer (D-NY), chief of staff for Governor Andrew Cuomo, as well as co-chair of Governor Cuomo’s Cyber Security Advisory Board.

Joining Ripple’s board of directors to accelerate innovation

As Ripple’s newest board member, Lawsky will play an integral role in helping financial institutions adopt XRP for institutional use, which in turn removes the friction from global payments.

“Ripple and its leadership are passionate about making our global financial system more efficient, more secure and more fair,” said Lawsky.

“I share those same goals and I’m thrilled and humbled to work side by side with their incredible team as they continue to pave the way for the growth and accelerating adoption of blockchain and digital assets in the years ahead.”

Read our press release to learn more about Benjamin Lawsky’s appointment.