SAN FRANCISCO, April 17, 2017 /PRNewswire/ -- Chain Inc. today announced that Tom Jessop has been appointed as President, effective immediately.
Mr. Jessop joins Chain from Goldman Sachs, where he was Managing Director, Technology Business Development and Chief Financial Officer of the Technology Division. He will report to Adam Ludwin, CEO at Chain, and be responsible for leading all facets of Chain's commercial efforts.
"Blockchain technology is market technology, re-imagined," said Mr. Ludwin. "Commercializing this breakthrough model requires forging deep partnerships across a market and driving change that benefits every participant. Tom has done exactly that, repeatedly, over his tenure leading business development and strategic investments at Goldman Sachs. He is an accomplished leader who brings an impressive combination of operational expertise coupled with widespread recognition as a strategic thinker in the financial technology, capital markets, and blockchain industries. We are thrilled to have him join our management team."
"I am honored to join Chain at an incredible time in this dynamic industry," said Mr. Jessop. "Chain has established itself as the leading enterprise blockchain platform by delivering an array of high profile, high impact projects that are poised to transform the rails of the financial industry. I am excited to collaborate with Chain's team, customers, and strategic partners to accelerate the adoption of blockchain technology in financial services and other industries."
Tom's entire 17-year career at Goldman Sachs was focused on creating and investing in technology platforms for capital markets. In his Technology Business Development role, Tom led a number of successful investments and joint ventures. Prior to this assignment, he was a senior leader in the Principal Strategic Investments group where he managed a global team focused on investments in exchanges, e-trading platforms, post-trade networks, and other fintech solutions across the fixed-income, currency, commodity, and equity markets. In 2015 he was named to Institutional Investor's inaugural "Fintech Finance 35" list.
Prior to joining Goldman Sachs, Mr. Jessop was a Managing Director at Standard & Poor's where he was responsible for launching and running several businesses, managing cross-functional teams, and providing strategic planning and marketing leadership.
Mr. Jessop holds an MBA from New York University and a BA, Economics, from The College of the Holy Cross. He is a director of Tuesday's Children, which provides assistance to 9/11 families and other victims of global terrorism, and is Co-Chair of the Holy Cross Leadership Council of New York.
Chain, Inc. (www.chain.com) is a technology company that partners with leading organizations to build, deploy and operate blockchain networks that enable breakthrough financial products and services. Chain is the author of the Chain Protocol, which powers the award-winning Chain Core blockchain platform. Chain was founded in 2014 and has raised over $40 million in funding from Khosla Ventures, RRE Ventures and strategic partners including Capital One, Citigroup, Fiserv, Nasdaq, Orange and Visa.
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SOURCE Chain, Inc.