Binance's new CEO Richard Teng stated on X platform that his three main focuses for future work are: 1) to reassure users that they can have confidence in the company's financial strength, security, and protection; 2) to collaborate with regulatory agencies to maintain high standards globally, promote innovation, and provide important consumer protection; 3) to work with partners to promote the growth and adoption of Web3.As introduced in a Binance blog post, Richard Teng has over thirty years of experience in financial services and regulation. He joined Binance in August 2021 as CEO of Binance Singapore, and shortly after became the head of regional markets at Binance, responsible for the Middle East and North Africa, Europe, and ultimately all regions outside of the United States. Prior to joining Binance, Richard served as CEO of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority and as Chief Regulatory Officer of the Singapore Exchange (SGX) and Director of Corporate Finance at the Monetary Authority of Singapore.