Puth takes up adviser role at R3

The former CLS CEO will serve as strategic adviser to the digital ledger technology firm

Puth served as CLS chief executive between 2012 and 2018

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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