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Mercurity FinTech Holding Inc. announces new appointments to the board

By Leandra Monteiro

March 05, 2021

  • China
  • Mercurity

Mercurity FinTech Holding, appointments, FinTech, AI, Financial technology, Blockchain

Mercurity FinTech Holding Inc. today announced that Mr. Cong Huang has been appointed as Independent Director to the Company’s Board of Directors and Mr. Liu Hao has been appointed as a Director to the Board.

Mr. Cong Huang is a researcher and entrepreneur in the financial technology sector. He has previously worked as an assistant professor in the statistics department of Columbia University. Following that he joined Goldman Sachs (GS) where he played a pivotal role in developing various new models and algorithms to improve the speed and accuracy of options pricing methods. At McKinsey & Company, he helped financial institutions implement strategic innovation and transformation initiatives.

Huang was also a founding member of PingAn Lufax, and the CEO of Xiaoying Tech, a finance companies in China. Furthermore, he is also the founder and CEO of Weiyan Tech, an AI company that provides risk-control and marketing solutions for financial institutions.

Mr. Liu Hao is the founder and President of Columbus FinTech LTD, a financial data technology companies as well as co-founder and CEO of Jeethen Capital. Mr. Liu is a senior FinTech expert and he set up a financial algorithm cloud service, which has served more than 150 listed companies and securities firms.

He is also one of the initiators of the Hong Kong Blockchain Association. He led the team that developed cross-chain clearing technology, which achieved a breakthrough in the interconnection of multi-chain services and greatly promoted the application and development of blockchain technology.  Mr. Liu Hao is also an angel investor in several financial technology companies.

“It’s a great honour to join MFH,” Mr. Liu said. “As a fintech company focusing on blockchain technology, MFH has a great vision and entrepreneurial spirit. The core management team and I share the same mission for the future of the Company’s development. We believe that scenarios for blockchain applications will be widely used in financial transactions, asset management, supply chain supervision, and other related fields. Under the current market environment, we are more willing to do research on in-depth technology, technological innovation of investment and asset management and services, and the integration of new fintech compliance and digital currency on a global scale. We consider the possibilities of investing and holding digital assets such as bitcoin under compliance conditions, and we also would like to show the experience of our traditional asset management and technology and how it has accumulated to this young field in the past decades.”

“On behalf of the Board of Directors, I warmly welcome Mr. Liu Hao and Mr. Huang Cong to join the Board,” Ms. Hua Zhou, Chairperson of the Board and Chief Executive Officer, commented. “Both are top experts in financial technology and blockchain. With the introduction of two new directors, our team will build stronger capabilities in SaaS service systems such as a decentralized trading system, clearing and matchmaking counters, and penetration investment solutions for blockchain assets and financial assets. In the recent future, our blockchain payment and cross chain scenario applications will gradually launch to the market. We believe that the application of blockchain technology is an integral part of financial technology, which is not only a direction, but also an important tool for changing the market and optimizing the financial environment. I believe that the two directors can devote their expertise to strengthening our innovation and landing capabilities.”

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