Ripple, the San Francisco-based payments firm, has on Monday announced two important appointments, with former U.S. Treasurer Rosa “Rosie” Gumataotao Rios joining its board of directors and Kristina Campbell joining the firm as its new chief financial officer.
Reacting to the new development, Ripple CEO Brad Garlinghouse said:
“These two exceptional leaders join Ripple at a pivotal time for the company. Rosie’s experience in the public and private sectors provides an invaluable perspective to Ripple, especially during this time as the industry works to define crypto’s future.
“As well, adding Kristina’s extensive knowledge and success building teams and processes at rapidly accelerating businesses was a no-brainer. We are extremely fortunate to have them on the team as we continue our rapid international growth and to champion for regulatory clarity in the U.S.”
Rios was the 43rd Treasurer of the United States in the Obama administration. She received the Hamilton Award, the highest honor given by the U.S. Treasury Department for her contribution to the agency, coupled with her initiative to place a portrait of a woman on U.S. currency.
Commenting on the new appointment, Rios said:
“I’ve dedicated my career to financial inclusion and empowerment, which requires bringing new and innovative solutions to staid processes. Ripple is one of the best examples of how to use cryptocurrency in a substantive and legitimate role to facilitate payments globally. Blockchain and crypto will underpin our future global financial systems. Cryptocurrency is the what. Ripple is the how.”
On the other hand, Kristina Campbell, the new chief financial officer, is expected to accelerate Ripple’s growth by driving its financial strategy and delivering value to shareholders at a time when opportunities continue to increase across the world.