Bio
Richard Teng is a Singaporean business executive and financial-regulation specialist who serves as Co-Chief Executive Officer of Binance. He became Binance CEO in November 2023 after previously holding senior regulatory and regional leadership positions within the company. In December 2025, Binance appointed co-founder Yi He as co-CEO alongside Teng.
FAQ
Who is Richard Teng?
Richard Teng is a Singaporean business executive and financial-regulation specialist who serves as Co-CEO of Binance. He has extensive experience in financial markets, regulation, and cryptocurrency.
Is Richard Teng the CEO of Binance?
Richard Teng is currently Co-CEO of Binance. He previously served as Binance's sole CEO after succeeding Changpeng Zhao in November 2023. In December 2025, Yi He was appointed co-CEO alongside Teng.
When did Richard Teng join Binance?
Richard Teng joined Binance in August 2021 as CEO of Binance Singapore. He later took on broader regional leadership roles before becoming global CEO in November 2023.
What did Richard Teng do before Binance?
Before Binance, Teng held senior positions in financial regulation and capital markets. He was Director of Corporate Finance at the Monetary Authority of Singapore, Chief Regulatory Officer at the Singapore Exchange, and later CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market.
What is Richard Teng's background in financial regulation?
Teng has more than two decades of experience in financial regulation and capital markets. His career includes senior regulatory positions at Singapore's MAS and SGX, followed by leadership of ADGM's financial-services regulator.