The CEO
| Use attributes for filter ! | |
| Initial release | Nigeria |
|---|---|
| Directors | Kunle Afolayan |
| Screenplay | Tunde Babalola |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2475048 |
About The CEO
Five of the top members of a company are sent to a retreat and told one of them will become the new CEO. The cordial atmosphere quickly turns into a competition to see who can outdo all the others.
Richard Teng: Who is the new boss of Binance?
... But who is the new boss of Binance, Richard Teng? A native of Singapore, Mr Teng joined the world s largest crypto exchange just over two years ago as The Ceo of his home country...
Why Kenya-Uganda oil row is causing regional jitters
... John Njogu, The Ceo of the Petroleum Outlets Association of Kenya, describes this as a " credit line" and he says such an arrangement makes the oil more expensive for buyers...
Whitney Wolfe Herd: How the Bumble boss changed the dating scene
... A 2017 Bumble ad campaign encouraged women to " be The Ceo your parents always wanted you to marry (then find someone you actually like)"...
Godalming residents without water due to issue at treatment works
... MP Jeremy Hunt posted on, formerly Twitter, that he was very concerned about the supply issues and speaking with The Ceo of Thames Water...
Sam Bankman-Fried: FTX crypto empire 'built on lies' - prosecutors
... " It s not a crime to be The Ceo of a company that later filed for bankruptcy, " said his lawyer, Mr Cohen...
How Mike Jeffries used shirtless models to sell Abercrombie
... But about 10 years into Mr Jeffries tenure, Abercrombie s shine began to fade - in large part due to the exclusionary practices that The Ceo had championed...
Lobbyists take close-up look at Lib Dems
... Making a splashIn the conference s exhibition hall, where businesses book stands to campaign and lobby party members, James Wallace, The Ceo of River Action, is on message...
Tim Gurner: Australian tycoon calls for layoffs to fix worker attitudes
... Gurner is The Ceo and founder of Gurner Group and has an estimated worth of A$929 million (£479m; $598m)...
Richard Teng: Who is the new boss of Binance?
By Mariko OiBusiness reporter
The sudden resignation of Changpeng " CZ" Zhao has shocked the crypto world. But who is the New Boss of Binance, Richard Teng?
A native of Singapore, Mr Teng joined The World 's largest crypto exchange just over two years ago as The Ceo of his Home Country .
That was the year when Binance came under a Justice Department investigation, and as regulatory scrutiny of The Company and Mr Zhao intensified, Mr Teng was rapidly climbed the ranks in the background.
He only stayed in his original position as the Singapore CEO for 5 months, before he was promoted to Regional Head of Europe, Asia and the Middle East and North Africa in April 2023.
Mr Teng later moved on to become Head of Regional Markets this May before he was appointed to The Top job on Tuesday - just slightly More Than two years after he was first employed by Binance.
In announcing his successor, a " highly qualified leader" adding that " with over three decades of Financial Services and regulatory experience, he will navigate The Company through its next period of growth".
Prior to joining Binance, Mr Teng worked in the more traditional financial and regulatory sectors as a director of Corporate Finance at the Monetary Authority Of Singapore (MAS) and a chief regulatory officer of the Singapore Exchange (SGX).
He then moved on to the become CEO of the Abu Dhabi Global Market (ADGM), an international Financial Centre in The United Arab Emirates, where he stayed for Six Years . The ADGM regulates the trading of digital assets.
In a statement on Wednesday, Mr Teng said he was honoured to step into The Role , adding that he would Focus On reassuring Binance's 150m users about " the financial strength, security and safety of The Company ".
But his new role will come with its air share of challenges. Retaining customer confidence will be an item on Mr Teng's agenda, with Binance having suffered reputational damage in recent months.
In March, US regulators sought to ban The Company , alleging it had been operating in the country illegally. It was also accused of breaking numerous US financial laws, including rules intended to thwart Money Laundering .
The Justice Department later ordered Binance to pay $4. 3bn (£3. 4bn) in penalties and forfeitures.
Despite this, Mr Teng has reiterated that Binance was " here to stay" adding that company's foundation stands " stronger than ever".
Related TopicsSource of news: bbc.com
