CEO of Binance.
Richard Teng is an experienced executive with over three decades of financial services and regulatory experience. Richard joined Binance in August 2021 as CEO of Binance Singapore.
Soon thereafter, he held roles looking after the MENA region, the European region, and ultimately all regions outside of the U.S. as the Head of Regional Markets at Binance. In this role, he led regional teams to secure strategic partnerships, foster an ecosystem of innovation, and expand the cryptocurrency ecosystem within the respective regions.
In November 2023, Richard succeeded Changpeng Zhao as Binance CEO.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), where he showcased his capabilities as one of the world’s foremost innovative regulators.
Richard’s vast experience also includes previous roles as the Chief Regulatory Officer of the Singapore Exchange (SGX) and Director of Corporate Finance at the Monetary Authority of Singapore. Richard received his Masters in Applied Finance (Distinction) from the University of Western Australia and a Bachelor of Accountancy (1st Class) from Nanyang Technological University.
Binance
Nanyang Technological University Singapore / Accountancy (1991-1994)
The University of Western Australia / Master's Degree, Applied Finance (1998)
The Wharton School / Executive Leadership Programme (2004)
MAS / Director, Corporate Finance (1994-2007)
SGX / Chief Regulatory Officer (2007-2015)
Abu Dhabi Global Market / CEO (2015-2021)
Lulu Financial Group / Board Director (2021-2022)
Blockchain Association Singapore / Advisory Board Member (2021-present)
Global FinTech Institute / International Council Member (2021-present)
“The recent dip stems largely from the Fed’s cautious approach to rate cuts,” Teng said.
In a key note to investors, Binance CEO Richard Teng has hinted that the current market volatility is temporary.
Norman Reed remains optimistic about the prospect of a friendlier regulatory landscape under the upcoming Trump administration.
Despite legal hurdles, Binance has outperformed its competitors, seeing a 36% higher deposit volume than ten major exchanges combined.
Binance’s CZ has no wish to be CEO again following his legal saga with the United States regulators.