According to a press release sent to Bitcoin, the Proof of Workforce Foundation, a 501(c)(4) non-profit organization, today added two prominent members to its Board of Directors, Ajit Singh and Rafael Zagry. announced that it had been added. magazine. The duo has been brought in to further strengthen the Foundation’s mission to foster meaningful, education-based Bitcoin adoption in employee organizations.
Ajit Singh joins the Board from his current role as Chief Investment Officer of the Houston Firefighters Relief and Retirement Fund, a $5.1 billion pension fund. first Mr. Singh also serves as Chief Risk Officer and Deputy CIO of the United Nations Joint Staff Pension Fund (UNJSPF), which manages a global pension fund with approximately 144,000 participants in 25 United Nations organizations. Affiliated organizations.
“As institutions continue to learn about Bitcoin, I am excited to bring my experience to the Proof of Workforce nonprofit board,” said Singh. “Bitcoin was created for everyday workers, and its greatest properties were discovered through meaningful learning. It is well-equipped as a reliable resource.”
Raphael Zagury, Chief Investment Officer and Head of Research at Swan Bitcoin, will also join the board. Zaguri is known for creating Nakamoto His Portfolio, an open source software tool that demonstrates the impact of Bitcoin on a fund’s portfolio. His extensive career includes co-founding Open Co, a leading Brazilian fintech company, and holding executive positions at Goldman Sachs, Deutsche Bank, and Merrill Lynch in New York.
“This dynamic addition to our Board of Directors positions us as a high-level, global resource for any pension fund, union, workforce organization, or government agency interested in meaningful education-based Bitcoin adoption. ” said Don Bey, Founder and President of Proof of Workforce. “Ajit and Rafa join us with an overwhelming wealth of experience in both Bitcoin and traditional finance. Ajit’s 2021 launch as the first CIO of a US pension to directly implement Bitcoin into his portfolio Our board’s first experience with Bitcoin has been extensive, from our work with Raphael to creating the first open source portfolio analysis tool for Bitcoin on the Balance Sheet.
Proof of Workforce has already made great strides in accelerating Bitcoin adoption.Foundation played a vital role in supporting Vacaville firefighters become the second union The US bought Bitcoin and held it on its balance sheet to help rescue Humboldt Bay firefighters. third union To do so. And internationally, the foundation helped El Salvador’s firefighters association, Apro Bomberos, hold Bitcoin on its balance sheet.
Join us now: 🇸🇻 El Salvador Firefighters Association AproBomberos has officially opened #bitcoin It’s on the balance sheet 👏 pic.twitter.com/4kiORBRbf1
— Bitcoin Magazine (@BitcoinMagazine) February 24, 2024
The Foundation’s Board of Directors, which includes prominent Bitcoiners Joe Calasale, Lisa Huff, Chris Alaimo, and Magdalena Gronowska, boasts diverse expertise in law, energy, multimedia, and mining. Additionally, the Foundation announced that Blue Collar Bitcoin’s Josh and Dan will be stepping down from the Board of Directors but will remain involved with the organization, thanking them for their leadership and support during their tenure with the Foundation.
The Proof of Workforce Foundation says it provides all of its services free of charge. For more information about the organization, please visit their website. here.
