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Binance, the world’s leading crypto and blockchain infrastructure provider, has announced the appointment of Hannes Wessels as the Country Head of South Africa to drive its business operations in the region.
Hannes brings with him over 10 years of experience in the finance sector and is the previous Head of Global Banking for South Africa at HSBC.
Binance recently celebrated its fifth year anniversary and in this time, the company has become the foremost blockchain infrastructure provider and exchange on the market by connecting users across the globe in its mission to increase the freedom of money. In the furtherance of this goal, Hannes will lead the development of business strategies and drive strategic initiatives for Binance in South Africa.
According to Finder, cryptocurrencies and the blockchain industry generally have less than a 10% adoption rate in South Africa. However, interest in the technology continues to grow and global industry leaders like Binance remain at the forefront of driving adoption as well as blockchain education in the region.
“I am excited to join Binance at a time when crypto adoption is still in its infancy in South Africa and look forward to playing a leading role in Binance’s growth strategy in South Africa,”
– Hannes Wessels
Prior to joining Binance, Hannes was responsible for leading HSBC’s corporate and investment banking business in the country. This included the payments and cash management business, which was awarded Euromoney’s leading payments business in South Africa in 2021.
He was a member of the bank’s executive committee in South Africa and also served as chairman of the bank’s Employment equity committee in South Africa. During this time, HSBC’s multinational business grew to a top three player in the country.
Hannes brings his former experience at traditional financial institutions to this growing industry and contribute to the cryptocurrency revolution that is changing the world.
