Ripple has appointed former U.S. treasurer Rosie Rios to its board of directors.

• Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.
• Her 30-year career has focussed on economic development, urban revitalization and real estate finance, according to an announcement dated May 3.
• Rios described Ripple as “one of the best examples of how to use cryptocurrency in a substantive and legitimate role to facilitate payments globally.”
• “Cryptocurrency is what. Ripple is the how,” she added.
• Ripple has also unveiled Kristina Campbell as its new chief financial officer (CFO).
• Campbell previously worked as CFO at billing and payments platform PayNearMe and held several roles at California-based fintech company GreenDot.