In the present day, Ripple is thrilled to announce that Sandie O’Connor is becoming a member of its Board of Administrators.
“Sandie is extraordinarily well-respected by her friends on Wall Road and the regulatory neighborhood alike. Her in depth community and in-depth understanding of markets, capital flows and banking will present precious and distinctive insights as new insurance policies and rules take form throughout the U.S.,” says Brad Garlinghouse, Ripple CEO. “The U.S. wants a single clear regulatory framework for crypto that ranges the enjoying subject and helps American innovation and firms. Sandie’s expertise and steerage will help us on our journey to constructing a extra inclusive monetary system.”
O’Connor not too long ago retired because the Chief Regulatory Affairs Officer for JPMorgan Chase the place she set the agency’s complete regulatory technique and led engagement with G-20 regulators and policymakers concerning evolving regulation. Previous to this position, O’Connor held a number of senior management positions on the agency, together with International Treasurer and head of Prime Companies, and served on a number of firm-wide governance committees together with Danger and Capital. O’Connor joined JPMorgan in 1988 and over a 30-year profession, held positions of accelerating accountability throughout the firm’s Funding Financial institution and Company divisions.
“Ripple is reshaping the monetary panorama fixing inefficiencies with immediately’s funds infrastructure utilizing digital property and blockchain expertise,” mentioned Sandie O’Connor. “The chance for the market has by no means been larger, and I’m thrilled to deliver my expertise working with leaders in creating regulatory coverage to help the evolution of the funds ecosystem and promote monetary entry and inclusion.”
O’Connor presently serves on the board of Terex Company (NYSE:TEX) and as present Chair of the YMCA of Larger New York. She has been named to American Banker’s prime 25 lists of the Most Highly effective Girls in Banking and Finance a number of instances. O’Connor serves on a Job Drive on Monetary Stability, and on Advisory Committees for the Workplace of Monetary Analysis and FDIC Systemic Decision.