Paxos, a regulated blockchain infrastructure company, has hired Carolina Ceballos, the former Deputy Chief Compliance Officer at Facebook Payments, as its first dedicated Chief Compliance Officer.
Paxos’ General Counsel, Ben Gray, announced Ceballos’ appointment on Thursday in a statement published on Paxos’ website.
Gray described Ceballos’ appointment as another significant step taken by Paxos toward strengthening the company's culture of compliance and oversight.
The General Counsel noted that Ceballos has been charged with ensuring that Paxos meets its global regulatory obligations.
Ceballos will also see to it that the blockchain infrastructure company continues to act as a trusted partner for clients on all compliance issues, Gray said.
“I’m happy to share that I’m starting a new position as Chief Compliance Officer at Paxos! Thank you to all the Paxos team who have made me feel so welcome and looking forward to supporting the transformation and modernization of the global financial system. Onward to a new adventure!” Ceballos wrote on LinkedIn.
Ceballos has over 15 years of public and private sector experience in law, regulation, policy, compliance and risk management related to financial services such as banking, insurance and money service business.
“As we uphold the highest standards and rigor for our compliance programme, our clients can rest calmly knowing that Carolina’s stewardship will ensure that Paxos remains the safest and most reliable blockchain infrastructure company in the market,” Paxos said in the statement.
Ceballos' High-Profile Career
Ceballos’ experience of more than 15 years of industry comes from working at high-profile organizations such as Facebook, Western Union, the Bank of France, the Prudential Control and Resolution Authority (ACPR), the Hongkong and Shanghai Banking Corporation (HSBC), among others.
She joined Facebook in June 2019 and spent over three years at the social media network managing the Facebook Payments compliance programme and supporting Facebook's growing international payments ecosystem.
At Western Union, where she worked for over five years from June 2014, she rose to become the Regional Vice President of Anti-Money Laundering Compliance for Latin America and the Caribbean.
When she worked for the Bank of France for five months in 2014, Ceballos supported the central bank’s oversight of financial market infrastructures, among other duties.
Furthermore, during her three-year stay at ACPR, Ceballos spearheaded the examinations of obligated financial institutions and presented her inspection reports to the companies’ Board of Directors and the General Secretary of the French supervisory authority.
Additionally, she worked at Lazard, a global financial advisory and asset management firm, and at Lehman Brothers, a defunct global financial services firm.
