OANDA Parts Ways with Kazuaki Takabatake - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

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OANDA Parts Ways with Kazuaki Takabatake

October 28, 2019

OANDA - Kazuaki TakabatakeOANDA Corporation, the New York-headquartered forex trading service provider has parted ways with one of its senior-level management executive this month. This move was made public via changes made to the executive’s LinkedIn account and has been confirmed by online multi-asset trading service provider. Mr. Kazuaki Takabatake, the Chief Executive Officer/Managing Director of OANDA’s Asia-Pacific division has resigned from his role and cut all ties with the firm to pursue other interests and new ventures. The move was made public via changes made to Mr. Kazuaki’s LinkedIn profile, according to which he has taken an entirely new direction in his latest venture moving from financial services industry to wine industry. As per information in his profile, he has taken up the role of Commercial Director of APAC region for Cult Wines Ltd. 

However, he hasn’t completely parted ways with financial services industry as his LinkedIn profile states that he continues to serve as Chief Executive Officer of Financial Carrot Pte. Ltd. A Singapore based Management Consultancy firm for which he is also a Co-Founder. Mr. Kazuaki served as CEO of APAC region at OANDA for three and a half years having joined the firm back in May of 2016 and was based out of the firm’s Singapore office and has spent more than a decade serving in firms based out of Singapore in his twenty seven year-long career. Some of the other notable roles he has served in his multi-decade long career include – Chief Commercial Officer/Non-Executive Director of Allocated Bullion Solutions, Chief Executive Officer of Saxo Capital Markets Pte Ltd, Director & Regional Head of Patsystems (Singapore & Japan) and Vice President of IBJ  International. 

Cult Wines Ltd, the new firm where Mr. Takabatake is now serves is a winemaker specialising in fine wine investment services and advices its clients in Bordeaux Grand Cru classe and Burgundy Grand Cru. The outgoing head of APAC region is yet to see an official successor as the firm is currently in search of suitable candidate as replacement for Mr. Takabatake. In the interim period, Mr. Kazuaki Takabatake’s vacant seat will be filled in by Mr. Mohsin Siddiqui who is currently serving as Managing Director for Americas market region and will be handling the daily management of regional operations of APAC region alongside his current responsibilities. The firm announced earlier this year that it had appointed Mr. Gavin Bambury as Group CEO following resignation of Mr. Vatsa Narasimha but remained as part of the firm in capacity of Non-Executive Director. 





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