Celsius Network, a cryptocurrency lending and borrowing platform, announced on Friday it has expanded its executive team by appointing Rodney Sunada-Wong as Chief Risk Officer and Vijay Konduru as Chief Marketing Officer and Head of Analytics. The new hires come just days after Celsius Network announced it has validated more than $10,426,308,071.50 worth of cryptocurrency assets using third-party validation tools.
According to Celsius, Sunada-Wong brings thirty years of banking and trading experience to lead the Celsius Risk Management team. Most recently, he served as Chief Risk Officer for the Institutional Broker-Dealer and the U.S. Swap Dealers at Morgan Stanley, where his achievements included creating and managing the Risk Governance across Market, Credit, Operational, and Liquidity Risk to meet new regulatory expectations. Konduru notably joins Celsius with more than fifteen years of marketing and analytics leadership in consumer financial services brands like Capital One, Citi, and Discover. His achievements include doubling Citi’s credit card customer growth through digital channels and growing Discover’s brand awareness.
Speaking about the appointments, Alex Mashinsky, CEO of Celsius, stated
“Celsius has one leg in Centralized Finance (CeFi) and one in Decentralized Finance (DeFi). Rodney and Vijay bring the wealth of knowledge and expertise from big banking that we feel is necessary to bridge the Celsius user experience for the next billion people looking to join the crypto revolution.”
Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible through a mobile app.
“Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions.”