Ex-UBS Executive, Chi-Won Yoon, Now Chairman Of Diginex Ltd
Diginex Ltd., a Hong Kong-based cryptocurrency and blockchain services company, has hired former UBS Group AG executive Chi-Won Yoon as its chairman of Asia.Yoon was most recently vice chairman of UBS Wealth Management and announced his retirement from the firm last year, Diginex said in a statement viewed by CityNews.
He had previously held roles including president and chief executive of UBS AG, Asia Pacific, and was a member of the UBS Group executive board from 2009 to 2015.
Read Also: Three Threats Facing Iraq As Global Oil Prices Plunge
The “Digital assets and blockchain technology have huge potential for growth over the next decade and Diginex is a pioneer in this space,” Yoon said in the statement. He will be based in Hong Kong.
Diginex hired ex-UBS Investment Bank managing director Shane Edwards in January as Head of Investment Products, based in London.
Diginex is in the process of going public in the U.S. through a reverse merger with 8i Enterprises Acquisition Corp. first announced last year. Diginex will be listed on Nasdaq following the deal with 8i.
(Bloomberg)
