Copper Names Ex-Goldman Sachs MD as Its New Global CEO

• Copper has appointed a new global CEO.
• The new appointee served as a senior advisor to the SEC and an MD at Goldman Sachs.
• The newly-named CEO took over from Copper founder Dmitry Tokarev.

Crypto custody company Copper has appointed Amar Kuchinad, a former Managing Director at Goldman Sachs, as its new global Chief Executive Officer (CEO).

The development came two months after Copper bagged a Trust or Company Service Provider (TCSP) license in Hong Kong, underscoring its global expansion efforts. The company said the license represented a key milestone in its inroads into the Asia Pacific market.

Copper Appoints New Global CEO

According to a press release on August 14, Kuchinad’s new role as Copper’s CEO includes leading the company’s global growth strategy and strengthening its U.S. presence while building on regulatory milestones in Hong Kong and Abu Dhabi.

Kuchinad launched his career at Credit Suisse before heading Goldman Sach’s U.S. Portfolio Credit Trading and serving as a senior policy advisor to the Securities and Exchange Commission (SEC). He founded Electronifie in 2014 to improve bond trading through systemic and digital innovation.

Kuchinad took over from Copper’s founder, Dmitry Tokarev, who stepped back from his role as CEO after seven years of what the company termed visionary leadership.

Copper’s Chairman, Lord Hammond, welcomed Kuchinad to his new role, noting that he would complement Dmitry’s success at the company.

“His skill sets and experience provide the perfect complement to Dmitry’s technical strengths as we deploy our industry-leading technology to support global financial institutions to trade and safeguard digital assets of all kinds.”

Hammond clarified that Dmitry would remain closely involved with Copper’s future as its Board’s Founder Director and a strategic shareholder.

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