Key takeaways
Yi He, co-founder of Binance and executive leader since its inception, has been appointed co-CEO alongside Richard Teng.
His innovative and user-focused leadership will stimulate continuous product innovation and community growth, aiming to achieve Binance's goal of one billion users.
Together, Yi and Richard will responsibly expand Binance's global presence while building Web3 infrastructure and promoting financial freedom.
We are proud to announce the appointment of co-founder Yi He as co-CEO, strengthening Binance's leadership as we approach an unprecedented community milestone of 300 million users worldwide. From the beginning, Yi has played a fundamental role in defining Binance's vision and culture, guiding a user-centered strategy and innovation.
Binance's co-CEO, Richard Teng, who announced the news during his opening speech at Binance Blockchain Week, stated: "Yi has been an integral part of the executive leadership team since the launch of Binance." He described her appointment as a natural progression and expressed confidence that Yi "will continue to guide the company towards ever greater success."
Fostering innovation and growing the community
Yi's leadership has been essential in maintaining a user-centered approach, fostering community growth and product excellence. As Binance works to reach one billion users, Richard Teng emphasized our commitment to developing Web3 and regulatory standards. He added that Binance remains "determined to be the most reliable and regulated exchange platform in the world," with an unwavering commitment to putting the user first.
Richard also mentioned that Yi plays a crucial role in the growth of the Binance community and product innovation, thus reinforcing her importance in the ongoing evolution of Binance.
A collaborative vision for the future of finance
Yi He stated: "I am honored to build alongside Richard, who brings decades of experience in regulated financial markets." She emphasized the complementarity of their viewpoints and their shared vision. "Together, we bring a diversity of perspectives and are committed to driving the future of the industry during this pivotal time, responsibly expanding our global presence and fostering sustainable innovation with our users always at the center," she added.
Alongside Richard Teng, Yi He is ready to lead the next phase of Binance's growth by strengthening regulatory compliance, fostering innovation, and empowering users worldwide.
Yi has been an integral part of the executive leadership team since the launch of Binance. Her joint leadership with Richard Teng aims to build a Web3 infrastructure to enable everyone to access a more open and fair financial system. We remain true to our mission of creating a trusted, user-centered platform to empower billions of people around the world, through innovation, regulation, and community-driven growth.