Binance, the world’s largest cryptocurrency exchange by trading volume, hired former Mexican Banking and Securities Commission (CNBV) President Adalberto Palma Gómez as a global adviser.

Gómez will be part of Binance’s recently created global advisory board, the exchange told the Mexican newspaper Expansion on Wednesday.

The president of the CNBV between December 2018 and March 2020, Gómez was trained as a biochemical engineer but has spent his career in the financial sector. After leaving the Mexican Securities Commission, he joined the Cabinet for Economic Growth, created in 2020 by Mexican President Andrés Manuel López Obrador.

Earlier this week Binance added another member to its global advisory board with the appointment of former Brazilian Central Bank President and Economy Minister Henrique Meirelles.

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