Custodia Bank is pleased to announce that co-founder Zev Shimko has been named President and Chief Operating Officer. In this elevated role, Shimko will lead the executive team to ensure a unified strategy across functions, align product with market demand, and oversee execution across the Bank. He will continue to report directly to founder and CEO, Caitlin Long.
“I joined Custodia to help build a safe and sound bridge between digital assets and the traditional financial system, without compromise. We have been building towards this mission and it’s exciting to be close to launch,” said Shimko. “Recent events in cryptocurrency markets only emphasize the need for a regulated, trusted, and compliance-focused solution. We’ve seen a fresh spike in inbound demand from potential customers and are looking forward to bringing our technology-focused products and services to market.”
Shimko’s career spans traditional financial services and digital assets. He began his career at Morgan Stanley, advising corporate clients on debt and equity capital markets transactions and gaining recognition as a top-ranked analyst globally through the firm’s STAR program. He subsequently spent several years at fintech lending platforms, including a digital asset collateralized lending company, where he led corporate development and capital markets. Most recently, Shimko was a director at Figure Technologies before co-founding Custodia in early 2020.
Caitlin Long, founder and CEO, said: "Zev has been a true leader at Custodia, wearing multiple hats as our company has grown from our first hire into the dozens. His determination continues to advance the business, and I am pleased to have him play a larger role in the Company.”