On October 15, global cryptocurrency exchange and Web3 technology company OKX announced the appointment of Yuri Mushkin as its Global Chief Risk Officer (CRO), based in the Singapore office.
Yuri Mushkin’s Professional Background
Before joining OKX, Yuri served as a Partner at McKinsey Investment Office (MIO), a global investment advisory firm managing over $20 billion in assets across public and private markets. With over 20 years of experience in capital markets and risk management—spanning traditional and digital assets—he has held senior leadership roles at Goldman Sachs and McKinsey.
At OKX, Mushkin will:
- Lead the company’s global risk strategy
- Oversee enterprise-wide risk management functions independent of business operations
- Report directly to the CEO and Board of Directors
Leadership Perspective
Star Xu, OKX Founder and CEO, stated:
"Robust risk management has always been a top priority and a core part of our DNA. Over the past decade, we’ve navigated multiple crypto market cycles, demonstrating resilience to regulators, institutions, and enterprise partners worldwide. Yuri’s appointment reinforces our commitment to building products that meet the highest expectations of clients and stakeholders."
OKX’s Regulatory Milestones
OKX continues to expand its compliant global footprint:
| Region | Achievement |
|-------------------|---------------------------------------------------------------------------------|
| UAE | Licensed to operate (Oct 2023), becoming the first crypto firm offering AED banking services |
| Singapore | Secured a Major Payment Institution (MPI) license from MAS (Sept 2023) |
| EU | Designated Malta as its MiCA hub, enabling services for 450M+ residents (July 2023) |
The exchange upholds transparency through monthly Proof-of-Reserves (PoR) reports.
👉 Explore OKX’s latest compliance updates
FAQ
Q: What is Yuri Mushkin’s primary role at OKX?
A: As Global CRO, he oversees risk strategy and independent risk management, reporting to the CEO and Board.
Q: Which regions has OKX recently expanded into?
A: The UAE, Singapore, and the EU (via Malta’s MiCA framework).
Q: How does OKX ensure financial transparency?
A: Through monthly Proof-of-Reserves audits, publicly verifying user fund security.
👉 Learn more about OKX’s risk management framework
Note: Promotional links and non-OKX references have been removed for compliance.