Retail forex broker OANDA has announced that Kazuaki ‘Kaz’ Takabatake has joined the firm as Managing Director and CEO of its Asia Pacific operations.
Takabatake will be based in Singapore. He will be responsible for driving OANDA’s continued growth across the APAC region.
He replaces Rajesh Yohannan, who had been APAC head for OANDA also out of Singapore since 2013.
Takabatake had been in a similar role for Saxo Bank as CEO of Saxo Capital Markets Pte. Ltd. from 2007 until 2014. Over the past two years he was Chief Commercial Officer at Allocated Bullion Solutions in Singapore.
Ed Eger, President & CEO of OANDA Corporation, commented on Takabatake’s hire:
We are delighted to welcome Kaz to the firm. A seasoned professional, he brings with him a wealth of experience in the financial services sector and a deep-seated knowledge of the Asia-Pacific region, which will be invaluable as we look to shape the company’s global and regional strategies in the months to come.
Kaz Takabatake commented:
I am thrilled to be joining OANDA at such a unique stage in the firm’s growth story. While the company’s regional operations have borne tremendous success over the last three years, increasing active clients by 100 percent during this period alone, a host of untapped opportunities remain in the market that are yet to be realised. I’m confident we can continue to fuel OANDA’s expansion throughout Asia Pacific by further developing our award-winning platform and world-class multi-asset trading services.
OANDA is clearly paying more attention lately to growing its business in Asia and the Far East. The company also recently added Admiral Markets exec Stephen Andrews as Managing Director of OANDA Australia.