The Hashgraph Association Appoints New Executive Director

Heran Shah appointed to lead the roll-out of Hashgraph for Enterprises™ service offering for large corporations and government institutions globally. 

Schwyz, Switzerland, 2nd May 2023 – The Hashgraph Association, a non-profit organization accelerating the broad adoption of the Hedera network globally and supporting the transformation of enterprises to build Web3 use cases and institutional-grade solutions on the Hedera network, today announced the appointment of Heran Shah as new Executive Director, Global Business Development. As a former Global Sales Leader at IBM, Heran will lead the growth of Hedera solutions across markets worldwide, while identifying opportunities in the new tri-dimensional world of IOT, Blockchain/DLT, and AI. 

Kamal Youssefi, President of The Hashgraph Association, said: “We are confident that Heran will be an asset to THA and the wider Hedera ecosystem. Heran is not only passionate about the transformative potential of disruptive technologies but also brings with him an invaluable track record and experience working at the forefront of technology at IBM. We look forward to working with him in the years to come as we roll-out Hashgraph for Enterprises™ globally.” 

With an over 20-year tenure at IBM, Heran will be responsible for identifying and developing new business opportunities, building relationships with key stakeholders, and executing on the ambitious growth plans and broad adoption of Hedera technology. Heran will manage the global business development and growth strategy of Hashgraph for Enterprises™ – Hedera’s enterprise-grade service offering for large corporations and government institutions around the globe. Additionally, Heran will lead and manage the implementation of THA’s local and regional business development and growth strategy out of the GIFT City in Gujarat, India. 

As a proven leader with a strong track record in successful global business development of enterprise-grade software solutions, Heran will bring deep domain expertise in the technology sector. At IBM, Heran spearheaded the launch of major Global and Regional Blockchain networks, providing sales leadership in messaging products and ground-breaking solutions such as Internet of Things (IOT), Blockchain, and Artificial Intelligence (AI). 

Heran Shah, Former Global Sales Leader at IBM, said: “It is a great pleasure to be appointed as new Executive Director at The Hashgraph Association. It is exciting to be part of a project that is leading at the very heart of cutting-edge technologies. This marks a new chapter in my career – one where I use my extensive experience at IBM to chart the growth trajectory of The Hashgraph Association.” 

About The Hashgraph Association 

The Hashgraph Association promotes training, education, and innovation programs across multiple industry verticals. At the forefront is the digital enablement and empowerment of the public through broad adoption of enterprise-grade solutions and decentralized applications on the Hedera network, which includes innovation, accreditation, and certification programs. As an independent and non-profit organization headquartered in Switzerland, The Hashgraph Association provides grant funding for innovation, research and development for the benefit of economic inclusion, with a positive environmental, social, and governance (ESG) impact. For information about The Hashgraph Association, visit