Insurance

Gemini announces hire of APAC Managing Director

Gemini Trust, a cryptocurrency exchange and custodian, has announced the appointment of Jeremy Ng as the Head of Asia Pacific Region.

Ng will be responsible for shaping Gemini’s overall strategy in the region, developing products, and charting the course for operations. He will also manage hiring as his team builds out its physical presence in Singapore. Ng will be based in Singapore and report directly to Gemini’s President, Cameron Winklevoss, according to a press release by the firm.

Ng has 20 years of experience in financial services organizations, most recently as Asia CEO at Leonteq, which specialises in structured financial products. Prior to this, Ng worked at leading global investment banks including Goldman Sachs, Deutsche Bank, and Morgan Stanley across Hong Kong and Singapore.

Cameron Winklevoss, President, Gemini, said: “Southeast Asia is an important part of the crypto movement. The Monetary Authority of Singapore has developed thoughtful regulation that is paving the way for further adoption and innovation. We look forward to building a presence in this major FinTech hub and the Asia Pacific region with Jeremy leading the way.”

With Ng in place, Gemini intends to file its license under the newly formed Payment Services Act with the Monetary Authority of Singapore (MAS) as part of its global expansion strategy.

With more than 250 employees, Gemini is ramping up its global footprint. Ng is the latest addition to an incredibly accomplished group of senior leaders who have joined Gemini, including Julian Sawyer who is heading up Gemini Europe’s expansion as well as Noah Perlman as Chief Compliance Officer, David Damato as Chief Security Officer, Sydney Schaub as General Counsel, Jeanine Hightower-Sellitto as Managing Director, Operations and Robert Cornish as Chief Technology Officer.