CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as the first-ever Chief Compliance Officer of Facebook Inc.?
A
Eduardo Saverin
B
Henry Moniz
C
Sheryl Sandberg
D
David Wehner
Explanation: 

Detailed explanation-1: -Facebook has appointed Henry Moniz as its first chief compliance officer amid increased scrutiny from federal and worldwide regulators and competition from other social media giants. Facebook is a social networking service that was created by Mark Zuckerberg in 2004. Facebook’s first IPO came on 17 May 2012.

Detailed explanation-2: -ViacomCBS’ top compliance official, Henry Moniz, is moving to Facebook as the social media platform’s first chief compliance officer, as Facebook faces scrutiny from regulators and lawmakers.

Detailed explanation-3: -Moniz will lead Facebook’s strategy and execution of compliance matters in the US and around the world. He will report to Jennifer Newstead, Facebook’s General Counsel and the audit and risk oversight committee of Facebook’s Board of Directors, Business Insider reported.

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