Kraken Hires Ex-BlockFi VP, Samia Bayou, as Head of Prime Finance

Kraken, a US-based cryptocurrency exchange has actually worked with Samia Bayou, the previous Vice President and Global Head of Private Client at digital property lending institution BlockFi, as its brand-new Head of Prime Finance and OTC Sales for the EMEA.

Bayou revealed her consultation on LinkedIn on Friday. Her LinkedIn profile reveals she presumed the function in December last year. Bayou left her function at BlockFi in September in 2015 after one year and 5 months.

The senior executive, who has actually worked for leading banks such as Société Générale Private Banking, UBS, Merrill Lynch and Citi, causes 18 years of experience to the function.

“Kraken is developing bridges from the old monetary world to the brand-new – crypto prime funding, OTC area and acquired markets are poised for development with organizations going into the environment searching for a trustworthy and steady partner,” Bayou composed on LinkedIn, describing why she chose to “board Kraken’s spaceship.”

Bayou’s Career Experience

Prior To BlockFi, Bayou worked as a Senior Investment Advisor to the Chairman and Managing Director at UK-based Single Family Office. She satisfied the function for over 4 and a half years.

In between 2015 and 2016, she was a Senior Private Banker, Middle East and North Africa (MENA) for Société Générale Private Banking, the wealth management arm of Société Générale. She invested a longer stint at UBS, serving as a Client Advisor for the MENA Markets for the Switzerland-headquartered financial investment banking business. She operated at UBS for 7 years and 5 months in between September 2007 and January 2015.

In addition, Bayou worked as Financial Advisor at the International desk of Merrill Lynch and formerly worked as a Junior Relationship Manager for Citi’s MENA customers. She satisfied these functions in between 2004 and 2006.

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Crypto Job Cut Presses On Into 2023

Kraken’s visit of Bayou comes at a time the crypto market is seeing continued market task cuts from in 2015. Singapore-based Crypto.com on Friday revealed that it will shred its group by 30%.

Seychelles-based Huobi and remote-first American Coinbase likewise revealed task cuts some days earlier. Kraken itself cut its worldwide labor force by 30% in late November in 2015. The crypto exchange likewise prepares to close down its Japanese operations by January 31 pointing out extreme crypto market conditions.

Kraken, a US-based cryptocurrency exchange has actually employed Samia Bayou, the previous Vice President and Global Head of Private Client at digital possession lending institution BlockFi, as its brand-new Head of Prime Finance and OTC Sales for the EMEA.

Bayou revealed her consultation on LinkedIn on Friday. Her LinkedIn profile reveals she presumed the function in December last year. Bayou left her function at BlockFi in September in 2015 after one year and 5 months.

The senior executive, who has actually worked for leading banks such as Société Générale Private Banking, UBS, Merrill Lynch and Citi, causes 18 years of experience to the function.

“Kraken is constructing bridges from the old monetary world to the brand-new – crypto prime funding, OTC area and acquired markets are poised for development with organizations going into the environment trying to find a dependable and steady partner,” Bayou composed on LinkedIn, discussing why she chose to “board Kraken’s spaceship.”

Bayou’s Career Experience

Prior To BlockFi, Bayou worked as a Senior Investment Advisor to the Chairman and Managing Director at UK-based Single Family Office. She satisfied the function for over 4 and a half years.

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In between 2015 and 2016, she was a Senior Private Banker, Middle East and North Africa (MENA) for Société Générale Private Banking, the wealth management arm of Société Générale. She invested a longer stint at UBS, serving as a Client Advisor for the MENA Markets for the Switzerland-headquartered financial investment banking business. She operated at UBS for 7 years and 5 months in between September 2007 and January 2015.

Furthermore, Bayou functioned as Financial Advisor at the International desk of Merrill Lynch and formerly worked as a Junior Relationship Manager for Citi’s MENA customers. She satisfied these functions in between 2004 and 2006.

Crypto Job Cut Presses On Into 2023

Kraken’s visit of Bayou comes at a time the crypto market is seeing continued market task cuts from in 2015. Singapore-based Crypto.com on Friday revealed that it will shred its group by 30%.

Seychelles-based Huobi and remote-first American Coinbase likewise revealed task cuts some days earlier. Kraken itself cut its international labor force by 30% in late November in 2015. The crypto exchange likewise prepares to close down its Japanese operations by January 31 mentioning extreme crypto market conditions.

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