Kevin Ryan becomes Director at OANDA Europe
Mr Ryan, OANDA’s VP of Finance, joins director ranks of OANDA Europe, effective August 11, 2017.
OANDA Europe, the UK-based business of multi-asset trading expert OANDA Global Corporation, has beefed up its director ranks, as shown by the latest filings with the UK Companies House service.
Kevin Ryan, OANDA’s VP of Finance, has joined the director ranks of OANDA Europe. The appointment is effective August 11, 2017.
Mr Ryan spearheads OANDA’s Finance function and is in charge of directing the company’s overall financial management by overseeing planning, accounting, reporting, treasury and taxation. He joined OANDA in May 2012 as the Global Controller. Since then he has assumed more responsibilities within the Finance function and was appointed Vice-President of Finance in April 2016.
Mr Ryan has more than a decade of financial services experience. Before joining OANDA, he was a manager at KPMG LLP in their financial services audit practice. He is a Chartered Accountant and holds a Bachelor of Business Administration degree from Wilfrid Laurier University.
OANDA Europe saw another important addition to its senior management earlier this year, as David Hodge, a name well familiar to those in the FX industry, became OANDA’s Chief Executive Officer of Europe and the Middle East and Chief Marketing Officer, based in London. He is responsible for driving OANDA’s growth across the region and is in charge of the company’s marketing efforts on a global scale.
In January this year, OANDA Corp announced the appointment of its new Chief Executive Officer, as Ed Eger said goodbye to the group and Vatsa Narasimha, formerly CFO of OANDA, took the helm. Prior to joining OANDA in 2013, Mr. Narasimha was a Principal of the Boston Consulting Group (BCG).
As per the latest numbers we have for OANDA Europe, the company registered an 81% rise in turnover in 2016, on the back of higher number of active accounts and increased market volatility thanks to events such as Brexit and the US Presidential election. The company reported a profit of GBP 1.27 million for the year to December 31, 2016.
In terms of targets for 2017, the broker aims to continue the expansion of its retail presence, concentrating on key markets within Europe and the Middle East.