Diginex Appoints Chi-Won Yoon as its Chairman

Diginex, a digital asset financial services and advisory company, announced this Thursday that it has appointed Chi-Won Yoon as its Chairman, to lead the company during its next stage of development.

The digital asset company currently has its eyes set on its proposed listing on Nasdaq and growing its cryptocurrency exchange EQUOS into a leading spot and derivatives crypto exchange.

Yoon, who was previously the Asia Chairman of Diginex, will succeed Miles Pelham, Founder of Diginex as the chairman. Pelham will remain as an advisor to the company and a significant shareholder.

Commenting on the appointment, Pelham said in the statement: “Diginex is building a digital asset financial services company that is focused on delivering a comprehensive crypto-asset offering, including bringing capital markets expertise, innovative spot and derivatives products and custody solutions to what is a nascent and under-served market. 

“Chi-Won’s wide and deep financial services experience, including building one of the most successful equity derivatives businesses in Asia, means that he has a unique understanding of what is required to build a leading spot and derivatives platform that investors can trust.”

In addition to his role as Chairman, Yoon currently serves on the board of Hyundai Motor Company. Earlier in his career, which spans across three decades in financial services, he sat on the executive board of UBS AG. 22 of these years was spent at UBS.

During this time, Yoon served as President and CEO of UBS AG, Asia Pacific. From 2009 until 2015, he was a member of the UBS Group Executive Board. Prior to his tenure with the Swiss-headquartered bank, Yoon worked at both at Lehman Brothers in New York and Hong Kong and, before that, at Merrill Lynch in New York.

Chi-Won Yoon leads Diginex through next growth stage

As the Chairman, Yoon will lead Diginex through its next stage of growth. This will see the planned business combination with 8i Enterprises Acquisition Corp, the Nasdaq-listed special purpose acquisition vehicle (JFK US).

“I am delighted to be stepping into the role of Chairman at such a pivotal time for the company. I look forward to working with the board and the executive leadership team to drive the next phase of growth, which will include substantially growing what is currently a nascent derivatives market in the digital asset space,” added Yoon in the statement.