According to a report by "The Block", another senior executive of cryptocurrency exchange Binance has resigned. According to people familiar with the matter, Mayur Kamat, Binance’s head of global product and design, has resigned from the company. After The Block asked Binance for confirmation on this news, a Binance spokesperson responded:
“We can confirm that Mayur has resigned from his role as head of product. We thank him for helping guide Binance through some of its most explosive growth, and we wish him the best.”
In addition, The Block also contacted Mayur Kamat himself to confirm the news, and Mayur Kamat stated that he was leaving Binance for "personal reasons."
“The time has come for me to step down and hand over product leadership to Binance’s next generation of leaders. I work closely with the product leaders to ensure a seamless transition. For me personally, after 20 years of uninterrupted product It’s also a good time to take some time off from work. Working at Binance has been an experience of a lifetime and seeing our user base continue to grow. I’ll be cheering for Binance from the sidelines thanks to CZ and the entire leadership team. .
Recently, a number of Binance executives have resigned. The latest one is Leon Foong, head of Binance Asia Pacific. Other senior executives who have resigned include Chief Strategy Officer Patrick Hillman, General Counsel Hon Ng, and Chief Commercial Officer Yibo Ling.
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