Binance names new CFO days after $6.3 billion cryptocurrency hack

Binance has named a new chief financial officer just over a week after hackers stole approximately $6.3 billion in cryptocurrency from the exchange in what is believed to be the largest digital asset theft on record.

Kaiser Ng is leaving the company after more than five years to pursue a new venture, Binance co-CEO He Yi said in a statement provided to FOX Business. 

Justin Yek, a former finance executive at global payments firm Airwallex, will succeed him.

The announcement comes nine days after the Oct. 29 cyberattack, but a Binance spokesperson confirmed to FOX Business that the leadership transition was planned more than six months ago and had no connection to the security incident.

BINANCE DETAILS HOW A FAKE JOB INTERVIEW LED TO A $6.3B CRYPTO HEIST

Binance founder Changpeng Zhao said the exchange's security incident appeared to be a hack and thanked cryptocurrency companies that helped freeze affected assets. (Ben McShane/Sportsfile for Web Summit via Getty Images / Getty Images)