OSL Group announced on November 21, 2024, that Ivan Wong had become chief financial officer of the Hong Kong-listed digital asset firm1. Wong had joined OSL Group two months earlier, in September 2024, as chief investment officer. In that role, he drove the company's strategic investment work. Lawrence Lee, chairman of the board at OSL Group, welcomed the promotion. "We are thrilled to welcome Ivan as our new CFO," Lee said. “His invaluable insights and expertise in strategic investment and financial management will be instrumental, as we navigate the evolving landscape of digital assets in Asia and beyond, and supercharge our next phase of growth”.
Two leadership moves at OSL Group on the record since 2024
Every move CryptoLately has verified there, by the day it became public
Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.
Read the chart as a table
| Date | Event |
|---|---|
| Aug. 5, 2024 | Cui became Group CEO. Kevin Cui was named Group Chief Executive Officer of OSL Group |
| Nov. 21, 2024 | Wong became CFO. Ivan Wong was named Chief Financial Officer of OSL Group |
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
| Item | Value |
|---|---|
| 2019 | 11 |
| 2020 | 12 |
| 2021 | 27 |
| 2022 | 37 |
| 2023 | 20 |
| 2024 | 39 |
| 2025 | 59 |
| 2026 | 45 |
The move
OSL's announcement credited Wong with more than 16 years in banking and technology. It named prior stops at Morgan Stanley Asia, Ant Group and the Boston Consulting Group1. The Hong Kong outlet finews.asia reported the appointment the next day, on November 22, 2024. It repeated the same career summary almost word for word2. Wong answered the announcement in his own words. “I am excited to be appointed as the CFO of OSL Group and be part of a dynamic team that is shaping the future of the digital asset industry,” Wong said, adding that he looked forward “to leveraging my experience to help drive our strategic initiatives and achieve our vision to enable trusted access to digital assets for every person and business”.
OSL before and after
Wong's rise from investment chief to finance chief took about two months, from September to November 2024. OSL's release tied the promotion to its "long-term business success" and growth strategy1. finews.asia's report stayed close to the company's own account, repeating the figure of 16 years of banking and technology experience2.
What came next
Wong still held the CFO title on July 25, 2025, when The Block reported that OSL had completed a $300 million equity financing round filed with the Hong Kong Stock Exchange3. He spoke for the company in that report. “This $300 million equity raise marks a major milestone in our journey and reflects strong conviction in OSL's digital asset strategy and execution,” Wong said. “The funding will accelerate our global buildout, particularly in regulated payment infrastructure and access points”. The Block reported that OSL planned to use the funds for acquisitions and for payment projects spanning fiat currencies, stablecoins and major cryptocurrencies.
Sources
- "OSL Bolsters Leadership Team with the Appointment of Ivan Wong as CFO," PR Newswire, November 21, 2024, https://www.prnewswire.com/apac/news-releases/osl-bolsters-leadership-team-with-the-appointment-of-ivan-wong-as-cfo-302312770.html
- "OSL Appoints Chief Financial Officer," finews.asia, November 22, 2024, https://www.finews.asia/people/42371-osl-ivan-wong-digital-assets-chief-financial-officer-hong-kong
- Timmy Shen, "Hong Kong's OSL Group secures $300 million in equity funding to fuel global expansion," The Block, July 25, 2025, https://news.google.com/rss/articles/CBMiogFBVV95cUxPd1JGYkppWTNVaDJVb3JTbjU1dHRMbmNOZElaVkVDdTRDWGVEYW1SeEg0M1hxbVJEYUdZYWRERFk2d1lEcUIycXVzcnR5RFRrRjdMV0dxSHVMMU1RRG5BUFdETzV3blB6ZDNVQl9KYWc0OFJVSlEzVFZvNlZOeWNBTU54aHp4SFgxQk5FdkVKTnN6eFZvTHo5UXNnYnFabWdKa2c?oc=5