Block.one, a top-five cryptocurrency by market cap at approximately US$12.4 billion, has named Rob Jesudason as its Group President and Chief Operating Officer.
Jesudason will be a member of Block.one’s Board of Directors and be responsible for scaling the group’s global operations. Block.one is publisher of the EOSIO blockchain software and seller of the EOS token. He resigned from Commonwealth Bank of Australia, a global top-12 bank by market capitalisation at AUD $125 billion, and will join Block.one later this year following his notice period.
Jesudason currently serves as Group Executive, Financial Services and Chief Financial Officer at CBA, and oversees group finance, audit, treasury, security, property and investor relations.
Block.one CEO Brendan Blumer said Jesudason had a proven track record of success in global financial services, which made him an ideal fit for Block.one. He has been involved in industry innovation and facilitated regulatory advancement enabling the adoption of new technologies,” said Blumer.
Block.one’s technological innovation enables fast, low-cost, and scalable blockchain performance and is laying the groundwork for mass adoption of these new technologies, Jesudason said, who added that he believed Block.one’s approach has resulted in it being one of the fastest growing organisations in the world.
Prior to this, Jesudason worked at Credit Suisse as Head of Global Emerging Markets in the financial institutions Group. Earlier in his career he held positions at JPMorgan, Barclays, GE Capital and McKinsey & Company.