Libra hires another HSBC alum as its CFO and CRO

Projects • October 15, 2020, 2:17PM EDT
UPDATED: October 15, 2020, 2:20PM EDT
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Libra Networks has continued its wave of new hires, bringing on another HSBC alum as its chief financial officer and chief risk officer according to a new announcement.

Ian Jenkins was previously HSBC's Head of Business Finance and Group General Manager. He also did stints at Credit Suisse and Santander. Now, he's joining Libra during a "more operational phase of the project," according to a statement from Libra Networks Managing Director James Emmett. Emmett is also a former HSBC employee, and took the role at Libra just last month.

Libra Networks, a subsidiary of the Libra Association, is aimed at managing the operations of the forthcoming blockchain-based payment system. The project has faced scrutiny since its announcement last year, including a number of Congressional hearings. 

Lately, it's been on a hiring spree, adding former Homeland Security general counsel as its top lawyer, HSBC's former Chief Legal Officer as its CEO and three lobbyist. 

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Aislinn Keely profile picture Aislinn Keely

Aislinn Keely is a reporter on The Block's policy team holding down the legal beat. She covers court decisions, bankruptcies, regulatory actions and other key moments in the legal sphere, putting them in context for the wider crypto industry. Before The Block, she lent her voice to the NPR affiliate WFUV and helmed Fordham University's student newspaper. Send tips or thoughts on all things policy and legal to [email protected] or follow her on Twitter for updates @AislinnKeely.

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