Ledgermatic, the treasury and custody service that allows enterprise and financial institutions to operate in digital assets has announced Brian Young is joining the business’s advisory board.
Mr Young was until January 2022 the Chief Commercial Officer for Johnson Controls, the listed industrial services company where he oversaw a $40B balance sheet and sales of $24B. Mr Young has fostered relationships across industrial, health care, life sciences, financial services, commercial real estate, and retail markets worldwide over his 37-year career in critical products and services for enterprise, including 28 years at 3M.
Speaking on his Ledgermatic appointment, Mr Young commented: “I’m genuinely excited to be joining Ledgermatic’s advisory board. I firmly believe the increasing adoption of digital assets represents a permanent shift in the nature of finance. I’m increasingly seeing the need to bridge real world assets with the digital asset economy as a way to create value and believe Ledgermatic is uniquely placed to usher in this next wave of use cases in the space. I haven’t seen an offering like this in the market so squarely aimed at finance professionals and look forward to bringing our message and product into the market.”
Luke Sully, Co-founder and CEO of Ledgermatic, commented: “I’m delighted Brian has decided to join our board. Brian has been a supporter of the business for some time and we now have the opportunity to work more closely together which is thrilling. He’s a proven sales leader globally and over his career has driven the adoption of new capabilities and solutions to industry, so he’s a trusted advisor to many C-suites around the world. Ledgermatic just represents the next step forward in how the global economy operates and Brian will be instrumental in helping us with that mission.”
Mr Young will work with management to drive commercial activities and the strategic direction of the business. Ledgermatic is registered in Ireland with operating entities in the UK and the US.