former chief executive of regulatory affairs at banking giant JP Morgan Chase joins Ripple's board of directors.
and according to a post on the Ripple Blog on Tuesday, O'Connor will advise on key government relationships and organizational initiatives as part of her role on the board.
O'Connor has worked at JP Morgan for 31 years, serving as Head of Regulatory Affairs and Treasurer of the Bank before her retirement in 2019.
O'Connor has also been on the FDIC's regulatory decisions advisory committee since July.
CEO Brad Gerlinghouse said O'Connor's vast network and deep understanding of markets, capital flows and banking services ... will help Ripple build a more inclusive financial system.
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where Gerlinghouse explained that the United States needs a single clear regulatory framework for digital currencies that balances the playing field and supports US innovation and companies, indicating that O'Connor's addition may help the company in this Path.
Chris Larsen, co-founder of Ripple, had previously stated that a lack of regulatory clarity from the US could prompt the company to move its headquarters from San Francisco to another country. .
Ripple opened a regional office in Dubai last month and a board member said Japan could be the most promising candidate for the company's new headquarters.
