Former Korbit EVP Joon Bhang Joins Findora as Head of North Asia Operations

October 4, 2019 inNewsby Findora

Menlo Park – October 4th, 2019

Findora, a confidential network protocol that enables the seamless, secure, and fully compliant transfer and verification of financial assets, has announced the appointment of Joon Bhang as Head of North Asia Operations. 

Bhang’s role will focus on developing relationships with major financial institutions, corporations, and government bodies as Findora expands its global footprint in Korea, Japan, and North Asia. Bhang will also be focusing on developing partnerships with leading institutions in the fintech industry, and formulating the right service strategy and customizable business model for each partner.  

Commenting on the company’s growth trajectory, Bhang said, “Findora is on a mission to transform the financial services industry by solving existing pain points, including inefficiencies, high costs, security vulnerabilities, and unequal access. Our overarching vision is to build a global, decentralized, financial infrastructure, and we are combining cutting edge cryptography and business acumen to achieve this goal. 

“I’m excited to be at the cusp of such a nascent industry and look forward to cementing Findora’s central position in the fintech, financial services, and blockchain industry venn diagram.”

Former Executive Vice President of Korbit, Korea’s second largest cryptocurrency exchange, Joon brings more than 20 years experience spanning traditional finance, fintech, blockchain, cryptocurrency, and business consulting at some of the world’s leading organisations. A graduate of Stanford University Graduate School of Business, Bhang began his career in the Bank of Tokyo Mitsubishi, and served  12 years as a strategy consultant of the financial services practice at Boston Consulting Group, Oliver Wyman, and A.T. Kearney. He also served as Co-founder and CEO of iLytics and as Executive Vice President and Head of Global Business & Corporate Strategy at CJ Foodville. 

Bhang’s appointment comes fresh on the heels of the appointment of two new strategic advisors; Balaji Srinivasan, former CTO of Coinbase, and Professor Dan Boneh, Head of Stanford Cryptography. The Findora founding team includes other well-known industry names such as Ben Fisch, inventor of Filecoin proof-of-storage mining and VDFs; Benedikt Bunz, inventor of Bulletproofs and VDFs; and John Powers, former head of Stanford’s $25bn endowment fund. 

Commenting on the appointment, CEO of Findora, Charles Lu, said: “We are delighted to welcome Joon to our team as we continue to build momentum towards establishing a new global financial system that empowers users to control their own financial data, identity, and assets. As a fellow former Stanford alumni, Joon has the business acumen, technical expertise, and high-level vision to seamlessly transition onto our team, and make an instant impact.”