Ripple appoints Facebook payments exec, names new CTO

Blockchain-centric company Ripple has made unveiled two major leadership changes, hiring both Facebook’s Global Payments Director Kahina Van Dyke, and naming head cryptographer, David Schwartz, as its new Chief Technology Officer (CTO).

Within his new role as CTO, Schwartz will become responsible for leading Ripple’s technical strategy and development. This will include enhancing the reach and volume of transactions undertaken on RippleNet, whilst also supporting the company’s xCurrent, xVia and xRapid initiatives.

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Meanwhile, Van Dyke will assume the role of Senior Vice President of Business and Corporate Development, helping to drive new strategic partnerships for Ripple across the global financial services industry.

“David and Kahina exemplify success. At every step in their careers, they have shown the type of leadership qualities and business prowess that will be instrumental as Ripple continues to grow,” said Brad Garlinghouse, CEO of Ripple.

“This is a fantastic duo that showcases the two sides of Ripple. David is a world-renowned leader in the blockchain and digital asset world, and Kahina is a seasoned veteran in the traditional banking and financial services industries.”

Previous to her time at Facebook, Van Dyke helped to lead teams at both Mastercard and Citibank, whilst Schwartz has held a number of Senior roles at a range of internet solutions companies.