Facebook-backed Libra appoints chief executive

San Francisco (AFP) – Facebook-backed Libra Association on Wednesday named as its new top executive Stuart Levey, a former US Treasury official who headed team fighting financial crime.Levey, who has most recently been chief legal officer at HSBC Holdings, will lead the group founded by Facebook to manage a global digital payments system.Levey, who turns 57 in June, will work in Washington for the Geneva-based association beginning this summer.”I am honored to join the Libra Association as it charts a bold path forward to harness the power of technology to transform the global payments landsca…

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