New York headquartered forex financial services provider OANDA global Corporation recently made an announcement revealing that the firm has now hired a new Chief Executive Officer. It should be noted that the role of OANDA’s Chief Executive Officer has been vacant for some time now since the last CEO Vatsa Narasimha stepped down from the role in mid-February earlier this year citing personal reasons the details of which wasn’t made public. However, Vatsa still continued to remain a part of the firm in role of non-executive director. The financial service provider has finally managed to find a replacement for Vatsa who is an executive with more than two decades of experience in financial sector. Vatsa is now succeeded by Gavin Bambury who takes on the role of Chief Executive Officer starting on 26th August 2019 as per statement released by the firm.
Gavin is an industry veteran with more than 25 years of experience under his belt. During his career, Gavin has served in Tier 1 banks and financial technology service providing firm in which he has held high level managerial roles. Gavin started his career in Citi Group’s London office working in their Fixed Income Technology department post graduating with a bachelors’ degree in computer science engineering from University of Oxford. He was then promoted to the role of Chief Technology Officer for Citi Group’s Fixed Income and Currencies sales and trading division based out of their New York office. Gavin served under Citi Group for nearly 14 years post which he joined Deutsche Bank’s London office where he held the role of Global head of business transformation for period of 4 years. He then joined ION Trading, a subsidiary of ION Group which dealt with trade related technology service offerings. He served in roles of Chief Operating Officer and Chief Executive Officer at the firm during his 6 year long tenure at the firm.
Prior to joining OANDA, Gavin served in role of Chief Technology Officer of Integral Development Corp from their London office for a period of one year. Speaking about Gavin’s new role as Chief Executive Officer of the firm, Tim Hawkins, Chairman of board of directors at OANDA commented, “We are extremely pleased to welcome Gavin to OANDA. A seasoned professional, he combines a deep-seated knowledge of financial technology with an unparalleled understanding of the trading sector, which will be invaluable as we continue to execute the firm’s strategic vision in the years to come”. Speaking on same note, Gavin stated, “I am delighted to be joining OANDA, as a world-class brand focused on its clients, the company has enjoyed tremendous success in recent years. I am confident we can build on these foundations, and through investment, organic and inorganic, we will extend our global coverage and enhance our clients experience, enabling us to continue to be the trusted leader in FX” as per statement released by the firm.
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