Oanda Global Corporation Announces Vatsa Narasimha as a New CEO

Oanda Global Corporation Announces Vatsa Narasimha as a New CEO
12.01.2017 09:00 am

Oanda Global Corporation Announces Vatsa Narasimha as a New CEO

People Moves

OANDA Global Corporation’s Board of Directors has appointed Vatsa Narasimha, formerly CFO of OANDA, as its CEO. Mr. Narasimha succeeds Ed Eger who, alongside the Board, hand-selected Mr. Narasimha for the role. Mr. Eger will remain at OANDA to support Mr. Narasimha during a transition period.

Over the past three years, Mr. Narasimha has been a critical part of the OANDA success story. Under Mr. Eger’s mentorship, he has helped the firm grow in new sectors and regions, streamlined and automated operations and built a data-driven, customer-focused team.

Kittu Kolluri, Chairman of OANDA, said, “I would first like to thank Ed for his tremendous leadership at OANDA. As CEO, Ed took a technology-driven approach to growing our services, increasing our market share, establishing record revenue and client growth, and taking customer and employee satisfaction to all-time highs. On behalf of the Board and our group of talented employees, we thank him for shaping OANDA into the business it is today.”

Mr. Kolluri continued, “Working closely with Ed over the last three years, Vatsa has been fundamental to OANDA’s growth. He brings strong financial management, sharp operational insights, and a global perspective. Under Vatsa we will carry on building scale and excellence. The Board is confident he will continue to deliver greater employee, customer and shareholder value.”

Mr. Eger commented, “It’s been an honor to lead OANDA. We have accomplished a great many things around the globe, diversifying the business and firmly establishing OANDA as the technology platform of choice for organizations’ and consumers’ foreign exchange and trading needs. It’s been a pleasure working closely with Vatsa and the team to achieve the growth we have over the last three years. I look forward to watching him build on these successes.”

Prior to joining OANDA in 2013, Mr. Narasimha was a Principal of The Boston Consulting Group (BCG). While at BCG, he led a number of financial institutions through growth strategies, corporate development and a variety of operational transformations.

He comments, “I’m thankful to Ed for his leadership over the last three years and proud of what we have been able to accomplish. As CEO, I will continue to expand OANDA’s trading, data, and cross-border payments businesses, retaining the steadfast OANDA commitment to exceptional technology and customer service.”

Related News

Red Hat Names Paul Cormier President and Chief Executive Officer

Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has named Paul Cormier as president and chief executive officer of Red Hat,... Read more »

CloudMargin Names David White Chief Commercial Officer

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today... Read more »

Diginex Names Chi-Won Yoon as Asia Chairman

Diginex, a digital asset financial services and advisory company, has hired financial services stalwart Mr. Chi-Won Yoon as Chairman of Asia.

Mr. Yoon has more than... Read more »

Refinitiv appoints head of digital solutions for wealth management

Refinitiv today announced the appointment of Charles Smith as head of Digital Solutions, Wealth Management. In this role Mr. Smith will lead Refinitiv’s global digital wealth... Read more »

DTCC Adds Two Industry Veterans to Board of Directors

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, announced the election of two new... Read more »

Brady Harris Joins Dwolla as CEO to Scale Distribution

Dwolla, the programmable payments platform, today announces the appointment of Brady... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel