Ripple has appointed a former Uber executive to lead its expansion into the Southeast Asia region, the firm announced on March 18.
Brooks Entwistle joins Ripple after serving as Uber’s chief business officer, leading the firm’s growth and navigating regulatory issues throughout the Asia Pacific. The new managing director of Ripple’s Southeast Asia wing had previously spent two decades at Goldman Sachs, operating as partner and chairman in the same geographic region.
Ripple’s determination to push ahead with its Asian expansion of RippleNet despite an ongoing lawsuit with the U.S Securities and Exchange Commission is unsurprising. Ripple Labs CEO Brad Garlinghouse claimed in early March that Ripple’s expansion into the region was ongoing and that its progress would not be affected by the XRP securities case.