Ripple Appoints New Chief Financial Officer & Board Director Amid SEC Legal Battle

Ripple Labs has appointed Kristina Campbell and Rosie Rios as the company’s new Financial Chief Officer (CFO) and board director respectively. The move is expected to help the company to better handle its current legal dispute with the Securities and Exchange Commission (SEC)

Kristina Campbell has several years of experience in the Fintech industry, occupying the position of CFO at PayNearMe for about 5 years and working as General Manager for the GoBank project at Green Dot Corporation.

Campbell referred to her appointment by stating:

“Digital asset technology allows us to rethink and improve the systems and infrastructure around how money moves. With this technology, we will make the global financial system accessible to all. Ripple is uniquely positioned to improve global payments in ways that have yet to be defined and I’m excited to be a part of that solution.”

The Harvard and Stanford graduate will be in charge of helping the company by setting the company’s financial strategy at a time when their legal dispute with the SEC has caused companies like MoneyGram to break ties with it.

Former Treasurer of the United States Joins Ripple’s Board of Directors

Rosie Rios, who served as the 43rd Treasurer of the United States from 2009 to 2016, has joined Ripple’s board of directors according to a press release published by the company.

With over 40 years of experience in public policy and investment manager, Rios is expected to play a crucial role in how the company navigates its current litigation with the SEC.

The former treasurer referred to how Ripple could revolutionize financial inclusion by stating:

“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 digital assets will underpin our future global financial systems….

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