A former IBM finance leader is on a blockchain-based mission to get central banks to use digital currency

Over the past few years, many employees—including finance professionals and CFOs—chose to leave their jobs seeking more meaningful or mission-driven work.

“It’s been a trend that we’ve seen with executives, as we’ve approached them on other opportunities,” Alyse Bodine, managing partner and global head of the Financial Officers Practice at Heidrick & Struggles, recently told me. 

After a 10-year-career in finance and technology at IBM, Carmelle Cadet made a pivot to working toward financial inclusion. Cadet is the founder and CEO of Emtech, a New York-based fintech startup with the goal to rebuild central banking infrastructure for the Web3 era.

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Taliban Can’t Get Their Hands on Afghan Central Bank’s $10B in Reserves

  • The Taliban cannot get their hands on the Afghan central bank’s nearly $10 billion in reserves.
  • About $7 billion of the bank’s reserves is reportedly held by the Federal Reserve Bank of New York.
  • The US froze most of the central bank’s assets after the Taliban took control of Afghanistan.

The Taliban may have seized control of Afghanistan — but for now, the group can’t access the nearly $10 billion in reserves in the country’s central bank, most of which is reportedly held by the

Federal Reserve
Bank in New York.

Last week, Taliban members attempted

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