Kurt vom Scheidt is OANDA’s new COO, Mark Chesterman named Head of Trading

BIS announces key appointments in Singapore and Switzerland

Online multi-asset trading services and currency data and analytics company, OANDA Global Corporation, has just announced that it has further strengthened its leadership team with two key appointments.

Mark Chesterman has been named Head of Trading. He will be responsible for leading the global trading team, quantitative analytics and research groups from the firm’s London office. Prior to OANDA, he worked for IG Markets for more than 14 years. Most recently he served as Chief Operating Officer with Stater Global Markets.

Kurt vom Scheidt

Kurt vom Scheidt

Chesterman will report directly into Kurt vom Scheidt, who has accepted the newly-created role of Chief Operating Officer.

LeapRate reminds that Kurt vom Scheidt was originally hired as as Chief Product Officer earlier this year. He will now lead the Trading, Product Management, Financial Risk, Business Operations and Solutions for Business teams.

Gavin Bambury is the new CEO of OANDA Global Corporation

Gavin Bambury

Chief Executive Officer, Gavin Bambury commented:

A seasoned professional with more than 30 years’ experience in the financial services sector – not to mention first-hand experience of working at OANDA – Kurt was an obvious choice for the role of Chief Operating Officer. He is perfectly placed to help drive product improvements, oversee the trading infrastructure and manage financial risk. Meanwhile, Mark’s deep-seated expertise and proven track record in the electronic trading industry will help ensure we continue to deliver institutional-grade execution and competitive pricing models for OANDA clients, all around the world.

Bambury continued:

Over the course of the coming months, we will continue to strengthen the OANDA team with a series of strategic hires designed to help accelerate business performance, improve our customer trading experience and fuel company growth. OANDA has an exciting year planned for 2020, and we’re fully committed to making sure we have the best possible talent in place to help us achieve our goals.

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