On December 3, 2025, Binance announced a major personnel adjustment at the Blockchain Week event held in Dubai, with its co-founder He Yi officially appointed as Co-CEO, sharing the leadership of Binance with Richard Teng. After this appointment, the two have clear divisions of labor, with specific information as follows:
1. Richard Teng: Leveraging his deep regulatory background, he will primarily act as a bridge for communication between Binance and global regulatory agencies, with the core task of advancing Binance's compliance process and responding to stringent compliance requirements around the world, avoiding further compliance-related turmoil for the company.
2. He Yi: As a veteran of the cryptocurrency space and a core member of the Binance founding team, she will focus more on internal management, specifically responsible for optimizing user experience, inheriting corporate culture, and managing human resources. At the same time, relying on her profound understanding of the industry and users, she will ensure Binance's innovative vitality and user growth momentum.
He Yi's appointment to this position has long been in the making. She joined Binance in 2017 as a co-founder, CMO, and director, making significant contributions to the early global user expansion and market promotion of Binance. During Zhao Changpeng's imprisonment in 2024, she successfully managed Binance, increasing the platform's user base from 130 million to 200 million, fully demonstrating her management capabilities, and was regarded internally as the 'second-in-command' next to Zhao Changpeng. This promotion is also seen externally as recognition of her long-term support for Binance's development. $BNB
