Former BlackRock Executive Becomes Blockchain Australia’s New CEO

Former BlackRock CEO Laura Mercurio will replace Steve Vallas as Blockchain Australia’s next CEO from Monday (September 12).

In a recent announcement, Blockchain Australia revealed that Laura Mercurio will step into her new role from Monday (September 12). The organization believes she could successfully engage with watchdogs and the local government since the country’s officials are on a path to applying a regulatory framework to the digital asset sector.

Mercurio joins Blockchain Australia after working for a number of prestigious financial, technology, and consulting firms for many years. She worked for Citigroup from 2001 to 2005, and then afterwards joined BlackRock as its global chief operating officer.

“I am extremely excited to be taking on the role of CEO of Blockchain Australia, to be the leading voice in this maturing industry, and to drive innovation and change for Australian businesses in the blockchain space.

With the rapid adoption of Blockchain and crypto assets, there are opportunities ahead for this technology to fundamentally transform how industries solve day-to-day issues. I am looking forward to advancing the innovation ecosystem and working closely with members, industry, governments, and regulatory bodies to provide digital solutions.”

Speaking on her new career chapter, she said

The new CEO will succeed Steve Vallas, who has stayed in charge for the past two years. Blockchain Australia thanked him for his attribution throughout his reign.

Recently, numerous other individuals who were part of monetary institutions and even government officials moved to the digital asset space. Such an example is Brian Brooks, who served as US Comptroller of the Currency in the US during Donald Trump’s administration and is now CEO of the crypto infrastructure provider Bitfury.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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