OANDA announces former E*TRADE CEO as Non-Executive Director

Rick Steves

He was responsible for the improved banking offerings and consistent account growth at E*TRADE.

OANDA has appointed Karl Roessner as a Non-Executive Director of the online multi-asset trading platform.

The current CEO of Lefteris Acquisition Corp is expected to add a wealth of industry-specific expertise to the firm’s advisory team as he joins the Board of Directors.

Karl Roessner was previously CEO of E*TRADE Financial Corporation and President of E*TRADE Bank. There he was key in the development and execution of plans that generated a significant increase in revenue.

He is directly responsible for the improved banking offerings and consistent account growth in E*TRADE and has sat on the Board of Directors of both institutions.

Gavin Bambury, Chief Executive Officer at OANDA, said: “We are delighted to welcome Karl to our Board of Directors. A seasoned professional in the retail trading industry, he brings with him extensive strategic and operational expertise that will add considerable strength to our advisory team at a critical time in the firm’s history. We believe he will be a tremendous asset to OANDA as we continue on our journey to becoming one of the largest multi-asset brokers in the world.”

“I’ve long admired OANDA for its world-class brand, dedication to innovation and commitment to clients. As such, I’m very much looking forward to working with the board to help identify new opportunities that will further drive the growth of the business”, said Karl Roessner, Non-Executive Director at OANDA.

Although OANDA has recently lost Chief Marketing Officer Chantelle Johnson to Equiti Group, the FX broker hired John Farda as Managing Director of North America earlier this month.

He joined OANDA from Fidelity Investments, where he held several positions, most recently acting as Head of Product for the SimpliFid Digital Solutions division. His career also includes roles at the CME Group and E*TRADE.

The broker has also recently appointed Philip Holemans as Chief Financial Officer, bringing 20 years of experience to the job. Mr. Holemans was CFO at GE Capital in the Benelux, Germany, and Czechia offices. His most recent role was with WiZink, which is an Iberian digital bank, where he was the CFO as well.

In April, OANDA appointed Marcin Niewiadomski as the Head of Europe following its March acquisition of TMS Brokers in Poland, where he was Chief Executive Officer.

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