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Ripple welcomes Sandie O’Connor to its Board of Directors

By Pavithra R

December 16, 2020

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Ripple, an enterprise blockchain solutions for global payments, has announced the joining of Sandie O’Connor to its board of directors, as the firm expands its global network and continues to push for regulatory clarity in the U.S.

O’Connor will provide counsel on key government relations and regulatory initiatives in the company’s next phase of growth. She holds over 3 decades of leadership experience with a deep background in finance, treasury, capital markets and regulatory affairs. Recently, O’Connor retired as the Chief Regulatory Affairs Officer for JPMorgan Chase, a global financial services firm, where she set the firm’s comprehensive regulatory strategy and led engagement with G-20 international standard setters, regulators and policymakers regarding evolving regulation and legislation.

Prior to this role, O’Connor held many senior leadership positions at the firm, including Global Treasurer and head of Prime Services, and served on multiple firm-wide governance committees including overseeing Risk and Capital. She joined JPMorgan in 1988 and in her 30 year career, held positions of increasing responsibility within the company’s Investment Bank and Corporate divisions.

“Sandie is extremely well-respected by her peers on Wall Street and the regulatory community alike. Her extensive network and in-depth understanding of markets, capital flows and banking will provide valuable and unique insights as new policies and regulations take shape across the U.S. The U.S. needs a single clear regulatory framework for crypto that levels the playing field and supports American innovation and companies. Sandie’s experience and guidance will support us on our journey to building a more inclusive financial system,” said Brad Garlinghouse, Ripple CEO.

Currently, O’Connor serves on the board of Terex Corporation and as Chair of the YMCA of Greater New York. She serves on a Task Force on Financial Stability, and on Advisory Committees for the Office of Financial Research and FDIC Systemic Resolution.

“Ripple is reshaping the financial landscape solving inefficiencies with today’s payments infrastructure using digital assets and blockchain technology. The opportunity for the market has never been bigger, and I’m thrilled to bring my experience working with leaders in developing regulatory policy to support the evolution of the payments ecosystem and promote financial access and inclusion,” said Sandie O’Connor.

Founded in 2012, San Francisco based Ripple provides a frictionless experience to send money globally using the power of blockchain technology. Its global network (RippleNet) currently operates in over 45 countries across six continents.

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