Blockchain Firm Ripple Appoints Brooks Entwistle As MD Of Southeast Asiabr>
Blockchain firm Ripple has appointed Brooks Entwistle as managing director of Southeast Asia.
Entwistle brings three decades of senior management experience in both the financial services and technology industries, with the mission to drive digital asset and blockchain adoption in the region. His appointment comes at a time when the company is deepening and expanding its presence across the region for RippleNet, which now includes Singapore-based remittance company BKK Forex. Other notable customers of Ripple in the region include Siam Commercial Bank, iRemit and DeeMoney.
“Southeast Asia’s payments ecosystem is extremely dynamic with fairly complex, country-specific schemes which require a lot of in-depth knowledge,” said Ripple’s Asheesh Birla, General Manager of RippleNet. “The adoption of RippleNet among the region’s many fintechs, payments service providers and SMEs makes Southeast Asia our biggest market for both customer demand and transaction growth. We’re excited to welcome Brooks to lead the charge as Ripple doubles down on efforts to further our phenomenal growth in the region.”
Entwistle was most recently the Chief Business Officer (International) at Uber, where he led its regional growth strategy, launching Uber in new markets and navigating through regulatory challenges across Asia Pacific. Prior to joining Uber, he spent over two decades at Goldman Sachs, and was partner and chairman of the bank’s Southeast Asia business.
“I’m thrilled to join Ripple to scale the company’s footprint in this pivotal region. Having helped build and scale companies across both the financial services and technology industries for the past 30 years, joining an industry leader like Ripple was an obvious choice given the convergence between finance and technology — and even more so in a region that’s at the cusp of accelerating payments innovation,” said Entwistle. “I look forward to leading this talented team as we fuel the future of finance with RippleNet adoption in Southeast Asia and beyond.”