The Libra Association has announced the appointment of its new Chief Legal Officer, Mr Steve Bunnell. Mr Bunnell comes to the Libra Association following a long career in private practice at international law firm O'Melveny & Meyers LLP, where he was Co-Chair of the firm's Data Security and Privacy Practice and former Managing Partner of the Washington D.C. office. Helpfully for the Libra Association, Mr Bunnell also has extensive experience in the apparatus of government, having been General Counsel of the U.S. Department of Homeland Security, and a former Chief of the Criminal Division of the U.S. Attorney's Office for the District of Columbia.
In a statement about his appointment, Mr Bunnell said:
I am excited about joining the Libra Association and working alongside Stuart, the outstanding team, and members of the Association. I look forward to contributing to the important work of developing a new global payment system that will safely provide enhanced efficiency and transparency, and promote greater financial inclusion for unbanked and underbanked people
Commenting on Mr Bunnell's apointment, CEO Steve Levey said:
I am thrilled to welcome Steve Bunnell to the Libra Association. Having a lawyer with Steve's character, breadth of experience, and credibility with such a wide range of stakeholders will be a tremendous asset as we pursue our goal of providing a more open, inclusive, and high-functioning payment system
Mr Bunnell will no doubt be hitting the ground running, with Libra's payment system licence still under consideration by Switzerland’s Financial Markets Supervisory Authority, FINMA, and international regulators scrutinising Libra's every move.
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