Binance appointed a new CTO and Head of Product

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Binance appointed a new CTO and Head of Product
04 Apr 2022
6 min read

News Synopsis

In a Press Statement, the blockchain ecosystem, Binance announced the appointment of Rohit Wad and Mayur Kamat. While Rohit Wad has been appointed as the CTO of the company, Mayur Kamat becomes the Head of Product. Earlier, Rohit Wad has been the corporate VP at Microsoft while Mayur Kamat is the former Agoda VP of Product. Mr. Wad will be responsible for providing and developing compliant and fast Web3 services and solutions. Other than this he will also see the expansion of the engineering team to accelerate the organization’s growth. At his appointment, Mr. Wad said: “We are working on many Web3 experiences and solutions that will be transformative to billions of people, starting with the freedom of money. I am excited to be able to bring the amazing advances and potential of Web3 technology to everyone.” Mr. Kamat will head the company’s product strategy, pathway, and development. He in his statement said:  “Less than 10 percent of the addressable internet population owns crypto assets. Our goal is to bring the benefits of Web3 technology to the masses by making the product simple enough that anyone in the world can use them, including those who are new to it.”

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