Bithumb Holdings Appoints Kim Ki-bum as New CEO
Summary
- Bithumb Holdings said its board approved the appointment of new CEO Kim Ki-bum.
- Bithumb Holdings said it is the largest shareholder in Bithumb, with a 73% stake.
- Following the leadership change, CEO Lee Jae-won will focus on running Bithumb, while Kim will oversee internal and external communications and compliance management at the holding company level.
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Bithumb Holdings, the holding company of South Korean cryptocurrency exchange Bithumb, has appointed former Bithumb external affairs chief Kim Ki-bum as its new chief executive.
News1 reported on Sept. 8 that Bithumb Holdings recently approved Kim's appointment at a board meeting. Bithumb Holdings is Bithumb's largest shareholder, with a 73% stake.
Kim previously served as a director overseeing legal and external affairs at IMI and as Bithumb's president for external affairs. He has been in charge of external affairs and legal work at Bithumb since 2017.
Lee Jae-won, who had concurrently served as chief executive of both Bithumb and Bithumb Holdings, will step down as head of the holding company. Following the leadership change, Lee will focus on running Bithumb, while Kim will handle internal and external communications and compliance management at the holding company level.