Stephanie Douse 
Binance appointed a former Microsoft vice-president as its chief technology officer and former vice-president of product for travel company Agoda to serve as its head of products
Binance has appointed Rohit Wad, a former Microsoft corporate vice president, as its chief technology officer. Mayur Kamat, who previously worked as the vice-president of products for travel company Agoda, has also joined the cryptocurrency exchange as its head of products.
Both executives will work to expand the company’s Web3 experiences and make them more accessible to the general public.
Binance Hires Ex-Microsoft Executive As Chief Technology Officer
Wad, who has over 30 years of experience working for companies such as Facebook and Google, will be in charge of developing Web3 services and expanding the engineering team.
He will also focus on “ensuring the continued security, stability, and liquidity of the exchange while meeting the evolving regulatory compliance requirements across regions where the platform is available,” an April 1 announcement from the crypto exchange platform says.
“We are working on many Web3 experiences and solutions that will be transformative to billions of people, starting with the freedom of money,” Wad said in a statement.
A New Head Of Products For Binance
Kamat, who has previously worked for Google and the call blocking app Hiya, will be in charge of Binance’s product strategy. He will “guide the team to build products that will bring mass adoption to crypto and lower the barrier to entry to Web3 technology.”
“Our goal is to bring the benefits of Web3 technology to the masses by making the product simple enough that anyone in the world can use them, including those who are new to it,” Kamat said in a statement.
Binance recently announced a collaboration with the Grammy Awards in order to bring “web3 solutions” to music fans.