Parsons' arrival at Celo is significant thanks to his extensive experience as a senior bank executive.
A big name from the banking world is going crypto.
Dick Parsons, who served as the Chair of Citigroup in the wake of the financial crisis in 2009, is joining the board of Celo, a startup that specializes in blockchain services for mobile phones.
Parsons is a prominent figure in the business world as a result of his successful tenure at Citi, but also for blazing a trail as one of America's first Black CEOs in the early 2000s. Parsons took the top job at Time Warner in 2001 and later served as interim CEO of the L.A. Clippers.
Source:
https://decrypt.co/66714/former-citigroup-chair-dick-parsons-joins-board-of-crypto-firm-celo