Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/IllustrationLibra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
Jenkins is HSBC’s former business finance head and group general manager, the association said. He has also previously worked at Credit Suisse and Santander. The Libra project, unveiled by Facebook last year, was relaunched in slimmed-down form in April after regulators and central banks across the world raised concerns it could upset financial stability and erode mainstream power over money.
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