Malta-based cryptocurrency exchange platform Xcoins, which recently became one of the first cryptocurrency platforms to receive In-Principle approval for a Class 3 VFA license by the MFSA, has appointed Karen Falzon as Chief Risk Officer.

Karen Falzon / LinkedIn

“As the Chief of Risk, it’s my responsibility to also understand the full cycle of the business. It’s about finding a good balance between regulations and business success”, Ms Falzon said of the role, explaining that “although I manage risk primarily, I also have a background in customer relations and business acumen – knowledge which is crucial to risk management.”

With 25 years of experience in financial services, Ms Falzon describes the role as an “exciting and challenging” one, asserting that fintech and cryptocurrencies are the future.

“We are happy to welcome experienced team members like Karen Falzon, as security and risk management are critical to the success and long-term growth of Xcoins”, CEO and co-founder of Xcoins Rob Frye said of the appointment.

Related

Sorana Ionita / LinkedIn

Sorana Ionita named Director of Marketing, Strategy and Business Development at WH Partners

20 March 2023
by Fabrizio Tabone

She was previously Head of Marketing and Public Relations at the Malta-headquartered law firm.

Self-employment and self-care: Learning to make the most out of client cancellations

20 March 2023
by Fabrizio Tabone

Sales and Leadership Trainer and Coach Alex Falzon discusses the difficulties of finding time for self-care in the hectic life ...

Mark Magro promoted to Director of Sales Operations at Alter Domus

20 March 2023
by Fabrizio Tabone

He first joined the fund and corporate services provider as Marketing & Sales Support Senior Officer in 2017.

‘It has been a privilege to serve as a Council Member for the past two years’ – CEO Kevin Rapinett

20 March 2023
by Helena Grech

The Group Chief Executive Officer at Halmann Vella was a Council member of The Malta Chamber between 2021 and 2023 ...

Close Bitnami banner
Bitnami