Allen Stephen Joins Bitcoin Well as CFO

The Canada-based BTC company, Bitcoin Well announced the appointment of Allen Stephen, the former Vice President of Finance at Canadian Western Bank, as its Chief Financial Officer (CFO) today.

Stephen joins the company from Neo Financial, where he served as the Head of Finance for the last two years. He has extensive experience in the banking and financial technology sector. He holds a Bachelor of Commerce degree from the University of Saskatchewan and an MBA from the University of Regina.

During his career, Stephen held different roles at some of the well-known financial companies in Canada. Additionally, he spent nearly three years as the Senior Finance Manager at EPCOR.

“Prior to his role at Neo, Mr Stephen was a senior leader at Canadian Western Bank, a publicly-traded company headquartered in Edmonton, Alberta. As the Vice President of Finance and Chief Accountant, his 12-year tenure at Canadian Western Bank included oversight of internal and external financial reporting, taxation, forecasting, regulatory compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term, acquisitions & divestitures, capital issuances and investor relations. In addition to his extensive banking and public company experience, Mr Stephen has led finance teams in the utility industry,” Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Well added.

Appointment

The newly appointed CFO of Bitcoin Well assumes the mentioned position from Luke Thibodeau, who was serving as the interim Chief Financial Officer of Bitcoin Well. According to the details shared by the company, Stephen will start his position at Bitcoin Well on 4 January 2022.

“We are incredibly excited to welcome Mr Stephen as our CFO, starting with the Company on January 4, 2022,” said Adam O’Brien, the CEO of Bitcoin Well. “His wealth of experience in both banking and financial technology will be a tremendous asset as we continue our mission to give society the fastest and safest way to buy, sell and use bitcoin.”

According to Bitcoin Well, Thibodeau will remain with the company in the role of Director of Finance.