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Ripple picks ex-JP Morgan executive as new director

Photo of: Joseph Stone
by Joseph Stone

Always faced with regulatory issues, Ripple conducts a major recruitment drive. Its executive committee welcomes Sandie O’Connor. A Wall Street and compliance expert, she was previously Director of Regulatory Affairs at JPMorgan.

Ripple, the issuer of the third-largest cryptocurrency in terms of capitalization (XRP), is looking to grow its business. To support its growth, the payment blockchain solutions specialist is announcing a new appointment.

Sandie O’Connor has been appointed as a director of Ripple’s Executive Committee. Ripple brings in a financial veteran with more than 30 years of industry experience. The startup emphasizes her “extensive experience” in finance, treasury, capital markets, and regulatory affairs.

Sandie O’Connor must therefore accompany the next stage of Ripple’s development, particularly in the United States, where the company is seeking regulatory clarification. The director will “provide advice on key government relations and regulatory initiatives.

The new recruit is an expert in these matters. Prior to joining Ripple, she was the head of regulatory affairs for a major bank, JPMorgan Chase. Her employer places particular emphasis on some of her previous experience.

In this role, she helped define the company’s overall regulatory strategy. In addition, she participated in discussions with regulators and policymakers at the G20 on regulatory developments.

Sandie is highly respected by her peers on Wall Street and by the regulatory community,” said Ripple CEO Brad Garlinghouse. But Garlinghouse is especially counting on her skills to influence regulation in the United States.

Her extensive network and in-depth knowledge of markets, capital flows and the banking industry will provide valuable and unique insights in this regard,” notes Garlinghouse.

“The U.S. needs a single, clear regulatory framework for crypto that level the playing field and supports U.S. innovation and business. Sandie’s experience and advice will help us build a more inclusive financial system,” Garlinghouse said.