Rosa Gumataotao Rios, the 43rd treasurer of the United States, will be joining Ripple’s board of directors.
In an announcement from Ripple today, the company said Rios, who served as the U.S. treasurer from 2009 to 2016 under President Barack Obama, will be the newest member of the firm’s leadership team. Ripple CEO Brad Garlinghouse cited Rios’ experience in both the public and private sectors as well as her success in “rapidly accelerating businesses” in the company’s decision to bring her on board.
“Ripple is one of the best examples of how to use cryptocurrency in a substantive and legitimate role to facilitate payments globally,” said Rios. “Blockchain and crypto will underpin our future global financial systems.”
Rios’ name seems more closely associated with fiat than crypto, quite literally — all U.S. banknotes printed during her time as treasurer bear her signature. Her appointment follows Yoshitaka Kitao, CEO of Japanese financial giant SBI Group, leaving the board after two years and