OKX appoints former Goldman Sachs and McKinsey executive Yuri Mushkin as Global Chief Risk Officer strengthening global leadership team

OKX appoints former Goldman Sachs and McKinsey executive Yuri Mushkin as Global Chief Risk Officer strengthening global leadership team

OKX appoints former Goldman Sachs and McKinsey executive Yuri Mushkin as Global Chief Risk Officer strengthening global leadership team

On October 15th, OKX, a global exchange and Web3 technology company, announced the appointment of Yuri Mushkin as its Chief Risk Officer for its Singapore office.

Prior to joining OKX, Yuri served as a partner at McKinsey Investment Office (MIO), a global investment advisory firm managing over $20 billion in assets in public and private capital markets. With over twenty years of experience in capital markets and risk management, Yuri has worked in executive positions at multinational companies such as Goldman Sachs and McKinsey, covering both traditional and digital asset domains. During his tenure at OKX, Mushkin will be responsible for leading the company’s global risk strategy and independent enterprise risk management functions outside of the business, reporting directly to the CEO and the Board of Directors.

Star Xu, Founder and CEO of OKX, stated:

“OKX is committed to responsible building on a global scale.” On October 10th, the company announced its official operations and licensing in the United Arab Emirates. With this announcement, OKX became the first global cryptocurrency company to provide AED banking services to retail and institutional customers in the UAE.

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

In July, OKX designated Malta as its center for the MiCA (cryptocurrency asset market), which will allow the exchange to provide products and services to over 450 million European Union residents in the coming months.

OKX is committed to transparency and publishes its Proof of Reserves (PoR) monthly.

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