Published On: Tue, May 15th, 2018

Like Rats Fleeing a Sinking Ship, Bankers Leaving En Masse for Crypto

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Like rats fleeing a sinking ship, bankers are increasingly leaving to join cryptocurrency companies with the latest being former CBA chief financial officer Rob Jesudason, former UBS China president Karen Chen, and former Goldman Sachs banker Chris Matta.
Block.one Steals CBA’s CFO
Former CBA chief financial officer Rob Jesudason has resigned yesterday in order to join Block.one, the firm behind EOS — a cryptocurrency token and blockchain that purports to operate as a smart contract platform for decentralized applications — as reported by the Australian Associated Press.

Jesudason previously worked for the American multinational investment bank and financial services company JPMorgan, as well as other traditional financial institutions, prior to signing on at CBA.
Block.one’s chief executive Brendan Blumer noted his excitement at having Jesudason on board, explaining:
Rob has a proven track record of success in global financial services, where he has been involved in industry innovation and facilitated regulatory advancement enabling the adoption of new technologies. His alignment with our organizational priorities of creating compliant, high performance blockchain solutions, is an ideal fit for Block.one, and is an exciting conclusion to our thorough search for …

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