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Former Governor Of The French Central Bank Joins Blockchain Company

Setl, a British Blockchain company, has hired Chrstian Noyer, a former governor of the French Central Bank to become part of its board of directors. His appointment was announced on the company’s blog page on Thursday the 17th of January, 2019.

Former Governor of the Banque de France, the French central bank, Christian Noyer delivering a speech on “The issues of monetary policy and the economic situation in France and the euro zone ” during a press conference on May 5, 2015 in Paris. AFP PHOTO BERTRAND GUAY (Photo credit should read BERTRAND GUAY/AFP/Getty Images)

Setl, a Blockchain-focused finance company was founded in 2015 and it runs a robust infrastructure for institutional payments and settlements and it has a reported capacity of over a billion daily transactions on its network.

It is believed that the company engaged the services of the former central banker in order to tap into his wealth of knowledge and experience in the financial sector. Additionally, the onboarding of such a heavy with give significant clout and impetus to the project.

Noyer has previously served as Vice President of the European Central Bank and governor of the Banque de France between November 2003 and October 2015. He has also worked at France’s Ministry of Economy and Finance.

Setl is known to enlist heavyweights into its folds as it has previously had the likes Sir David Walker, former non-executive member of the Court of the Bank of England, Martin Clements, former Senior Information Risk Owner of the United Kingdom Foreign and Commonwealth Office and a past Bank of England Deputy Governor Rachel Lomax join their ranks.

Setl continues to prove its mettle over the years and we wait to see what new products the company will be rolling out to excite the market.

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