The Japanese crypto exchange bitFlyer on Friday announced that it has promoted Kimihiro Mine as the firm’s new director. He will also continue with his role as the head of the exchange’s risk and compliance division.
Mine held the position of an executive officer in the exchange and was in charge of the same division. He will assume the new position on June 1.
This appointment came at a time when the company is shuffling its leadership to strengthen its corporate governance and management structure.
Mine is an industry veteran and has almost 30 years of experience working in the Japanese financial sector. He joined the Tokyo-headquartered exchange last March as a deputy head and was promoted to executive officer earlier this month.
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Prior to bitFlyer, he served Monex as an executive officer for three years and was also in-charge of Coincheck after its acquisition in April 2018.
Mine started his career in 1991 and since then has taken up many leadership roles in companies including Matsui Securities, SBI E*Trade Securities, and the financial subsidiary of Sony.
Expanding blockchain services
Apart from crypto trading, bitFlyer is also expanding its business in other blockchain related fields. Last week, its parent company – bitFlyer Holdings – set up a new subsidiary called bitFlyer Blockchain, Inc. to enter a wide range of blockchain-based service market. The new company will plan, design, and develop operational management of services using blockchain technology along with web services and applications.
The company also appointed bitFlyer’s co-founder and CEO Yuzo Kano as the chief executive of the new subsidiary. Earlier in January, he was appointed as a director of the exchange, while his associate Yoshio Hirako took up the position of representative director.