Kraken, a US-based cryptocurrency alternate has employed Samia Bayou, the previous Vice President and World Head of Non-public Consumer at digital asset lender BlockFi, as its new Head of Prime Finance and OTC Gross sales for the EMEA.
Bayou introduced her appointment on LinkedIn on Friday. Nevertheless, her LinkedIn profile reveals she assumed the position in December final 12 months. Bayou left her position at BlockFi in September final 12 months after one 12 months and 5 months.
The senior govt, who has labored for main monetary establishments resembling Société Générale Non-public Banking, UBS, Merrill Lynch and Citi, brings about 18 years of expertise to the position.
“Kraken is constructing bridges from the outdated monetary world to the brand new – crypto prime financing, OTC spot and spinoff markets are poised for development with establishments coming into the ecosystem in search of a dependable and secure companion,” Bayou wrote on LinkedIn, explaining why she determined to “board Kraken’s rocket ship.”
Earlier than BlockFi, Bayou labored as a Senior Funding Advisor to the Chairman and Managing Director at UK-based Single Household Workplace. She fulfilled the position for over 4 and a half years.
Between 2015 and 2016, she was a Senior Non-public Banker, Center East and North Africa (MENA) for Société Générale Non-public Banking, the wealth administration arm of Société Générale. Nevertheless, she spent an extended stint at UBS, serving as a Consumer Advisor for the MENA Markets for the Switzerland-headquartered funding banking firm. She labored at UBS for seven years and 5 months between September 2007 and January 2015.
Moreover, Bayou served as Monetary Advisor on the Worldwide desk of Merrill Lynch and beforehand labored as a Junior Relationship Supervisor for Citi’s MENA shoppers. She fulfilled these roles between 2004 and 2006.
Crypto Job Minimize Presses On Into 2023
Kraken’s appointment of Bayou comes at a time the crypto business is seeing continued business job cuts from final 12 months. Singapore-based Crypto.com on Friday introduced that it’ll shred its group by 30%.
Seychelles-based Huobi and remote-first American Coinbase additionally introduced job cuts some days in the past. Kraken itself minimize its world workforce by 30% in late November final 12 months. The crypto alternate additionally plans to close down its Japanese operations by January 31 citing harsh crypto market circumstances.
Kraken, a US-based cryptocurrency alternate has employed Samia Bayou, the previous Vice President and World Head of Non-public Consumer at digital asset lender BlockFi, as its new Head of Prime Finance and OTC Gross sales for the EMEA.
Bayou introduced her appointment on LinkedIn on Friday. Nevertheless, her LinkedIn profile reveals she assumed the position in December final 12 months. Bayou left her position at BlockFi in September final 12 months after one 12 months and 5 months.
The senior govt, who has labored for main monetary establishments resembling Société Générale Non-public Banking, UBS, Merrill Lynch and Citi, brings about 18 years of expertise to the position.
“Kraken is constructing bridges from the outdated monetary world to the brand new – crypto prime financing, OTC spot and spinoff markets are poised for development with establishments coming into the ecosystem in search of a dependable and secure companion,” Bayou wrote on LinkedIn, explaining why she determined to “board Kraken’s rocket ship.”
Earlier than BlockFi, Bayou labored as a Senior Funding Advisor to the Chairman and Managing Director at UK-based Single Household Workplace. She fulfilled the position for over 4 and a half years.
Between 2015 and 2016, she was a Senior Non-public Banker, Center East and North Africa (MENA) for Société Générale Non-public Banking, the wealth administration arm of Société Générale. Nevertheless, she spent an extended stint at UBS, serving as a Consumer Advisor for the MENA Markets for the Switzerland-headquartered funding banking firm. She labored at UBS for seven years and 5 months between September 2007 and January 2015.
Moreover, Bayou served as Monetary Advisor on the Worldwide desk of Merrill Lynch and beforehand labored as a Junior Relationship Supervisor for Citi’s MENA shoppers. She fulfilled these roles between 2004 and 2006.
Crypto Job Minimize Presses On Into 2023
Kraken’s appointment of Bayou comes at a time the crypto business is seeing continued business job cuts from final 12 months. Singapore-based Crypto.com on Friday introduced that it’ll shred its group by 30%.
Seychelles-based Huobi and remote-first American Coinbase additionally introduced job cuts some days in the past. Kraken itself minimize its world workforce by 30% in late November final 12 months. The crypto alternate additionally plans to close down its Japanese operations by January 31 citing harsh crypto market circumstances.
