Diginex Hires Ex-Merrill Lynch CFO Jim Pollock as Its New COO

Diginex, a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term and digital services platform, on Wednesday announced the appointment of Jim Pollock as its new chief operating officer (COO).

Based in Singapore, he will be responsible for overseeing the implementation of the company’s business strategy, including the development of fully regulated and institutional-grade digital asset infrastructure for the financial services sector.

“Blockchain technology has the potential to transform the global financial system. It will provide the world’s largest financial investors with the means to be part of one of the most significant technological advancements in modern times,” Pollock stated.

He is bringing over 30 years of experience to the blockchain Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term from various roles in the finance sector. He will also oversee the setup of the new Singapore office of the startup.

“Diginex’s unique institutional-focused strategy is compelling and I am excited to join its experienced and exceptional leadership team, helping the firm deliver on its mission to create innovative and scalable institutional-grade solutions,” he added.

A veteran in the financial sector

Prior to his new role, Pollock was heading the business division of the Australian financial institution Westpac. He spent over 16 years at the bank in various leadership roles, including the chief operating officer in various divisions.

He started his career at Merrill Lynch and climbed the ladder to reach the position of chief financial officer of the North Asia business division of the bank.

Also recently, the blockchain startup hired Shane Edwards, former managing director at UBS Investment Bank, to head its investment products.

“Throughout his career in financial services, Jim has proven to be highly skilled at leading large cross-functional teams to build business infrastructure that can operate successfully in regulated environments,” Richard Byworth, CEO of Diginex, said.

“We are delighted to welcome him to our rapidly expanding team at Diginex. His contribution will be instrumental in driving the firm’s operational performance and in positioning the company to bring products to market efficiently and scale the business.”