OKCoin's current chairman Fang Hong will take over as CEO

According to Cointelegraph, OKCoin announced that Fang Hong, the current chairman, will take over as CEO. It is reported that Fang Hong is a former Goldman Sachs banker and an early investor in OKCoin. Fang Hong said that in addition to serving as the CEO of OKCoin, she will continue to be the chief operating officer of the parent company OK Group. At the same time, Tim Byun, OKCoin's current CEO, will serve as Chief Global Government Relations Officer at OK Group.