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BlockFi Welcomes Jennifer Hill to Board of Directors

·4-min read

Hill brings 30+ years of financial and operational expertise and joins a Board focused on supporting BlockFi through its next phase of growth

JERSEY CITY, N.J., Oct. 28, 2021 (GLOBE NEWSWIRE) -- BlockFi, a crypto-financial services company, announced today that Jennifer Hill has joined its Board of Directors. Hill joins as the fourth independent non-executive director and will serve as a member of the Audit & Risk Committee.

"I am extremely proud to join BlockFi's Board at a momentous time of growth for both the company and the broader crypto markets space. Right now, both retail and institutional investors are rapidly incorporating crypto assets into their portfolios, and BlockFi is well-positioned to support mainstream adoption of this exceptionally performing asset class. Even more, I'm excited to be joining a Board that is wholeheartedly invested in BlockFi's mission of driving financial inclusion and pragmatic innovation in crypto and financial services at large," said Ms. Hill.

Hill is the Founder and CEO of Murphy Hill Consulting, LLC, where she serves as an independent non-executive director for a number of companies including Santander Asset Management, Cantor Fitzgerald Europe, Melqart Asset Management, and Arkadia Asset Management. Having expertise in capital markets, insurance, regulation, compliance, strategy and corporate restructuring, Hill also consults on a variety of enterprises within the financial ecosystem including fintech, payments, cryptocurrency, traditional asset management, risk management, insurance and cybersecurity. Prior to forming MHC, Hill spent 30 years at a number of financial services firms both in New York and London including most recently serving as the Chief Financial Officer of Merrill Lynch & Co. and the wholesale banking division of Bank of America.

"We are very pleased to welcome Jennifer to our Board of Directors. BlockFi's founding mission has always been to build a bridge between cryptocurrency markets and traditional financial services. Jennifer's background and expertise embodies that ethos," said Zac Prince, CEO and Founder of BlockFi. "In particular, Jennifer's financial and operational expertise coupled with her deep knowledge of the traditional asset management space and strong background in corporate governance make her a natural and highly valuable addition to BlockFi's Board as the firm continues down a path of measured growth and scale."

About BlockFi

BlockFi is a new breed of financial services company. Founded in 2017 by Zac Prince and Flori Marquez, BlockFi is building a bridge between cryptocurrencies and traditional financial and wealth management products to advance the overall digital asset ecosystem for individual and institutional investors.

About Jennifer Hill

Jennifer Hill is the Founder and CEO of Murphy Hill Consulting, LLC. In this capacity she is an Independent Non-Executive Director of a number of companies including Santander Asset Management, where she Chairs the Audit Committee, Cantor Fitzgerald Europe, Melqart Asset Management, Arkadia Asset Management, and, most recently, BlockFi. She also consults on a variety of enterprises notably in the Financial Services arena of Fintech, Payment Processing, Cryptocurrency settlement and clearing, Asset Management, Risk Management, Insurance, Cyber Security and Capital Raising. She is a strategic advisor to Talos Trading and Argand Capital. She has expertise in capital markets, insurance, regulation, compliance, strategy and corporate restructuring. Prior to forming MHC, Ms. Hill spent 30 years at a number of financial services firms both in New York and London. She was the CFO of Merrill Lynch & Co. and the wholesale banking division of Bank of America. She led the restructuring and sale of the Royal Bank of Scotland, leading the negotiation of the capital infusion of over $50 billion by Her Majesty's Treasury. She was the CFO of Tisbury Capital in London. Having spent 10 years at Goldman Sachs, she held a variety of positions in Treasury, Risk, Leveraged Finance and the Executive office. In her early career at EAB, Credit Lyonnais and Citibank, Ms. Hill was an investment banker in the Financial Institutions Group. Ms. Hill currently is the Chairman of the Board of the Richman Center, a joint venture between the Business and Law Schools of Columbia University. She is a former Trustee of Hamilton College. She holds a B.A. from Hamilton College and an M.B.A. from Columbia Business School as well as a Series 7 and Series 27 (Financial and Operations Principal).

Nothing contained in this announcement should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The information provided in this announcement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This announcement is not directed to any person in any jurisdiction where the publication or availability of the announcement is prohibited, by reason of that person's nationality, residence or otherwise.

Neither BlockFi nor any of its affiliates or representatives provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

Digital currency is not legal tender, is not backed by the government, and crypto interest accounts are not subject to FDIC or SIPC protections. Learn more at BlockFi.com.

BlockFi Lending LLC NMLS ID#1737520 | BlockFi Trading LLC NMLS ID#1873137

BlockFi

Madelyn McHugh

Madelyn.McHugh@blockfi.com

This content was issued through the press release distribution service at Newswire.com.


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