Babel Finance Appointed Edmond Lau as Chief Financial Officer

(Source: Linkedin)

Babel Finance, a provider of crypto-asset services, announced that it has appointed Edmond Lau as Chief Financial Officer. 

The appointment comes after Babel Finance secured its US$40 million Series A funding round in May of this year. Lau will spearhead future fundraising efforts, oversee M&A activities and new partnerships, and provide strategic input for the company's business and regulatory compliance planning. Lau will also advance Babel Finance's mission of helping traditional institutions diversify their portfolio with crypto assets.

Lau joins Babel Finance team with extensive and diverse experience in the finance industry. His expertise ranges across venture capital investment, start-ups, strategy, and corporate management, with prior senior roles at public and private organizations, and in academia. Following his MBA at London Business School, Lau has held prominent roles at Citigroup, Foxconn Mobile, and SF-Express, among other leading companies in the UK, Singapore, and the Greater China region.

"Lau's joining will unquestionably further elevate Babel Finance's position as a leader in compliance and strengthen our relationships with regulatory bodies. We look forward to recruiting more talented professionals with rich experience in traditional finance, and to providing increasingly sophisticated crypto asset management services for our institutional clients worldwide," said Flex Yang, CEO of Babel Finance.

In response to his new appointment, Lau said: "I'm delighted to be joining Babel Finance at this exciting time, as the company moves past its initial growth phase and focuses on scaling its business globally. In particular, I'm looking forward to working with regulators, investors, and partners to expand the crypto ecosystem. We'll be developing increasingly sophisticated services to better serve global institutions entering the crypto space."