Exclusive: OANDA APAC senior executive Gavin Ward joins former boss Rajesh Yohannan at AxiCorp

As AxiCorp continues its growth and expansion plans under urbane and sophisticated CEO Rajesh Yohannan, former OANDA Colleague Gavin Ward joins the firm as Global Head of Business Development

Sydney Australia

Highly experienced senior FX industry executive Gavin Ward has joined his former superior Rajesh Yohannan in moving from the Asia Pacific operations of OANDA Corporation to rapidly expanding Australian electronic trading firm AxiCorp.

Mr. Ward joins AxiCorp this week after three years at technology led Canadian electronic trading firm OANDA Corporation, where he was Head of Greater China, based in Singapore.

Astute and eloquent Mr. Ward joins AxiCorp at a very interesting period during the successful Australian firm’s next development phase.

In the summer of this year, former OANDA Corporation CEO of Asia Pacific Rajesh Yohannan was appointed CEO of AxiCorp, after which he began implementing the firm’s future growth, a dynamic which was punctuated by Mr. Yohannan’s securing of a multi million round of VC funding in August this year with RGT Capital which was first reported at the time by FinanceFeeds.

At the time, Mr. Yohannan told FinanceFeeds “Diversification in products and markets is important for us and this would be an area of focus. Secondly, technology is rapidly changing everything in the financial services sector. To stay ahead and stay relevant we need to constantly invest in better and faster way of doing things.”

023787c
Gavin Ward

“Launching new products is easy, cross-selling them to your existing base, not so much. Building out new technology tools is question of resources, getting it to deliver it’s promised business value is much trickier” he said.

“As Uber’s recent experience in China shows, succeeding a new region is far more complex than getting into it.”

Mr. Yohannan, who is a very urbane and sophisticated leader, has now brought on board Mr. Ward, with whom he had a very dynamic working relationship at OANDA Corporation’s APAC division.

Mr. Ward has been appointed Global Head Of Business Development at AxiCorp, and will be responsible for the three brands that the company operates, those being AxiTrader which is the firm’s flagship retail brand, providing facilities for online trading of Forex, CFDs, indices and other financial instruments to clients in more than 150 countries around the world as well as
AxiPrime, which is the company’s institutional service, aimed at providing superior trading solutions for large clients including banks, brokers and money managers, and AxiSelect which is a development program designed to provide a path for talented traders towards a successful trading career.

Thus, Mr. Ward’s senior position at AxiCorp continues the synergy between himself CEO Mr. Yohannan that was evident at OANDA Corporation.

Prior to joining OANDA Corporation in December 2013, Mr. Ward was Director of Asia at CMC Markets, based in Singapore between 2007 and 2013, where he defined the British firm’s strategy across the Far East as well as established the firm’s Singapore office as the operational hub for the region.

That particular position represented a promotion from Head of Financial Planning an Analysis, which was his inaugural position at CMC Markets from 2007 until 2009.

Mr. Ward joined CMC Markets from insurance company Allianz Global Assistance in London, where he was Head of Business Analysis for four years between 2003 and 2007, having been promoted from his position as BMW Account Manager which he held between 2000 and 2003.

Initially, Mr. Ward joined Allianz as an Internal Auditor in 1998, representing the first position in his 9 year tenure at Allianz.

Having spent a year prior to that at Deloitte as an Auditor, Mr. Ward began his career after graduating from Kings College London (University of London) in 1994 with a BA Dual Honors degree in French and German, and was educated at the prestigious Calday Grange Grammar School in the Wirral, leaving in 1989.

Read this next

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

<