The Libra Association appoints Steve Bunnell as Chief Legal Officer

August 27, 2020
Libra Association

Geneva, Switzerland – The Libra Association,* an independent member organization, is pleased to announce the appointment of Steve Bunnell as our new Chief Legal Officer. Mr. Bunnell brings deep legal, national security, law enforcement, and regulatory experience as a former General Counsel of the U.S. Department of Homeland Security, and a former Chief of the Criminal Division of the U.S. Attorney’s Office for the District of Columbia. He has also had a distinguished career in private practice at the international law firm of O’Melveny & Meyers LLP, where he was Co-Chair of the firm’s Data Security and Privacy Practice and formerly the Managing Partner of the Washington, D.C. office. His legal practice includes extensive experience advising blockchain industry clients and financial institutions on regulatory and government enforcement matters.

“I am thrilled to welcome Steve Bunnell to the Libra Association. Having a lawyer with Steve’s character, breadth of experience, and credibility with such a wide range of stakeholders will be a tremendous asset as we pursue our goal of providing a more open, inclusive, and high-functioning payment system,” said Stuart Levey, the Libra Association’s Chief Executive Officer.

“I am excited about joining the Libra Association and working alongside Stuart, the outstanding team, and members of the Association. I look forward to contributing to the important work of developing a new global payment system that will safely provide enhanced efficiency and transparency, and promote greater financial inclusion for unbanked and underbanked people,” said Steve Bunnell.

His appointment comes on the heels of a series of progress updates this year which include the appointment of Sterling Daines as Chief Compliance Officer and Stuart Levey as Chief Executive Officer, alongside the addition of new members.

About Steve Bunnell

Stevan E. Bunnell is the Chief Legal Officer of the Libra Association. From 2013 to 2017, Mr. Bunnell served as General Counsel of the U.S. Department of Homeland Security, where he advised the Department’s senior leadership on a diverse range of issues, including counterterrorism, cybersecurity, privacy, immigration, customs, aviation security, and transnational crime. Prior to that, he was the Managing Partner of O’Melveny’s Washington, DC office, and a prominent member of the DC Bar. He also has served in senior positions in the U.S. Department of Justice, including Chief of the Criminal Division and Chief of the Fraud and Public Corruption Section in the U.S. Attorney’s Office for the District of Columbia, and Counsel to the Assistant Attorney General for the Criminal Division at Main Justice.

*On December 1, 2020, the Libra Association was renamed to Diem Association.

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