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· OKX names McKinsey Investment Office Partners executive Yuri Mushkin global chief risk officer

OKX Names Yuri Mushkin Global Chief Risk Officer

OKX appointed Yuri Mushkin its Global Chief Risk Officer on October 14, 2024, pulling a 20-year capital markets veteran from McKinsey Investment Office Partners into a seat reporting to the CEO and board.

Updated on 2 min read · 2 sources

The move at a glance

The Moves Ledger, event W0411
Role
Global Chief Risk OfficerTop manager
Organization
OKX
In or out
InAppointed Global Chief Risk Officer
Became public
The first dated public source, UTC
Contemporary interior of room with yellow armchair and potted palms
Contemporary interior of room with yellow armchair and potted palms. Photo · Pexels
“OKX named Yuri Mushkin, who came from McKinsey Investment Office Partners, a firm managing more than $20 billion in public and private markets, its global chief risk officer on October 14, 2024. Does risk management built for Wall Street transfer to a global crypto exchange?”

OKX named Yuri Mushkin its Global Chief Risk Officer on October 14, 20241. He is based in Singapore, OKX said in a release put out through PR Newswire. Mushkin joined from McKinsey Investment Office Partners, a firm the release said manages more than $20 billion across public and private markets. In the new role, Mushkin leads OKX's global risk strategy and reports directly to the CEO and board of directors.

Two of OKX's 7 leadership moves on the record came in 2024

Leadership moves CryptoLately has verified at OKX, by year

  • 2024: 2
  • 2025, 2026

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    ItemValue
    20242
    20253
    20262

    39 executive hires on the record in 2024

    Executive hires CryptoLately has verified, by year; 2026 through Oct. 2, 2026

    • 2024: 39
    • 2019, 2020, 2021, 2022, 2023, 2025, 2026

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      201911
      202012
      202127
      202237
      202320
      202439
      202559
      202645

      The move

      OKX Founder and CEO Star Xu framed the hire as continuity with the exchange's own history. “We've demonstrated our resilience over more than 10 years navigating multiple crypto market cycles and our global stakeholders now include the leading regulatory agencies, financial institutions and corporate partners,” Xu said. “I'm thrilled to welcome Yuri as our Global Chief Risk Officer. His appointment is part of our continued investment in building products that meet the high expectations of our customers and global stakeholders.”1

      Fintech Singapore's October 16, 2024 report added that Mushkin would lead "its independent enterprise risk function," separate from the exchange's individual business lines2. The outlet also listed Mushkin's prior posts at Goldman Sachs and McKinsey & Co. over more than two decades in capital markets and risk management across traditional and digital assets.

      OKX before and after the hire

      The exchange expanded that same October. It went operationally live and licensed in the UAE on October 10, 20241. The release called OKX the first global crypto company there to offer AED banking rails. Singapore came first. Its local entity, OKX SG Pte. Ltd., had received a Major Payment Institution license from the Monetary Authority of Singapore in September 2024. Malta came earlier still: OKX designated it the exchange's Markets in Crypto-Assets hub for the European Union in July 2024.

      Mushkin stepped into a risk function at an exchange that publishes monthly proof-of-reserves reports, the release said1. He spent two decades at Goldman Sachs, McKinsey & Co. and McKinsey Investment Office Partners before that, moving between traditional and digital asset markets along the way2.

      What the record shows

      OKX's October 14, 2024 announcement and Fintech Singapore's October 16, 2024 report carry Mushkin's appointment12. A Google News search on October 3, 2026, for a later page on Mushkin at OKX returned October 2024 coverage of the hire and older reports from before it.

      Sources

      1. OKX, "OKX Strengthens Executive Leadership Team, Appoints Yuri Mushkin as Global Chief Risk Officer," PR Newswire, October 14, 2024, https://www.prnewswire.com/news-releases/okx-strengthens-executive-leadership-team-appoints-yuri-mushkin-as-global-chief-risk-officer-302275795.html
      2. Fintech News Singapore, "OKX Names Yuri Mushkin as Global Chief Risk Officer," Fintech Singapore, October 16, 2024, https://fintechnews.sg/102342/crypto/okx-yuri-mushkin-chief-risk-officer/

      Cite this piece

      Ryan Elliott Dennis, "OKX Names Yuri Mushkin Global Chief Risk Officer," CryptoLately, Oct 14, 2024, https://cryptolately.com/articles/okx-names-yuri-mushkin-global-chief-risk-officer

      Tags: OKX · Yuri Mushkin · risk management · exchanges

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