Puth takes up adviser role at R3

david-puth1 — Puth served as CLS chief executive between 2012 and 2018

- Mikael Latreille
- 16 Apr 2019

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Former CLS chief executive David Puth is lined up to become a strategic adviser for blockchain software firm R3.

Puth, who left FX settlement firm CLS on September 30, announced his new role via a blog post on the R3 website.

Puth was at the helm of the systemically important financial-market utility from 2012 until his departure. He oversaw the growth of CLS into a company that settles close to $2 trillion of foreign exchange on a daily basis.

During his tenure, CLS invested heavily in

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