OANDA 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.