OKX Strengthens Executive Leadership Team, Appoints Yuri Mushkin as Global Chief Risk Officer

SINGAPORE, Oct. 14, 2024 /PRNewswire/ -- OKX, a global exchange and onchain technology company, today announced the appointment of Yuri Mushkin as its Global Chief Risk Officer, based in Singapore.

Yuri joins OKX from McKinsey Investment Office ("MIO") Partners, a global investment advisory institution which manages over USD20B across public and private markets. He brings over two decades of capital markets and risk management experience across traditional and digital assets, serving in executive roles at multinational companies such as Goldman Sachs and McKinsey & Co. In his role at OKX, Mushkin leads the firm's global risk strategy and a business-independent enterprise risk function, reporting directly to the CEO and Board of Directors.

OKX Founder and CEO Star Xu said: "Strong risk management has always been a top priority for us and part of our DNA. We've demonstrated our resilience over more than 10 years navigating multiple crypto market cycles and our global stakeholders now include the leading regulatory agencies, financial institutions and corporate partners. I'm thrilled to welcome Yuri as our Global Chief Risk Officer. His appointment is part of our continued investment in building products that meet the high expectations of our customers and global stakeholders."

OKX is committed to building responsibly around the world. On October 10, the company announced it is operationally live and licensed in the UAE. With the announcement, the firm became the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers.

In September, the company announced that its local entity, OKX SG Pte. Ltd. (OKX SG), received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

In July, OKX designated Malta as its Markets in Crypto-Assets (MiCA) hub, which will allow the exchange to offer products and services to over 450 million EU residents in the coming months.

OKX is dedicated to transparency and publishes its Proof of Reserves on a monthly basis.

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About OKX

OKX is a technology company with a mission to organize the world's blockchains and make them more accessible and useful.

We want to create a future that makes our world more efficient, transparent and connected.

OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

Our most well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, download our app or visit: okx.com

SOURCE OKX