Oanda appoints Vatsa Narasimha as Chief Strategy Officer

Former Boston Consulting Group Principal joins the company’s senior executive team

One of the pioneers in the industry – the Canadian forex brokerage Oanda Corporation has appointed Mr. Vatsa Narasimha as Executive Vice President and Chief Strategy Officer. The company is seeking to continue its path of development and growth and created the new position to bolster its efforts.

Browsing through Oanda’s website we noted an article by Mr. Narasimha dated as early as October 23rd, so the appointment has been in the works for a couple of weeks now. His post is titled “Why Oanda acquired Currensee” and as one can imagine he goes on to explain the reasoning behind the copy trading platform’s takeover. We can also get an idea about part of his responsibilities within his new role as Chief Strategy Officer.

Before joining Oanda, Mr. Narasimha spent eight years at the Boston Consulting Group, participating in the firm’s Corporate Development and Financial Institutions operations. As the press release states, he has substantial experience in assisting financial institutions in a variety of roles – from devising growth strategies to operational issues.

Mr. Narasimha expressed his excitement in joining the team at one of the industry’s biggest innovators and global leaders.

For the full press release following is a link to Oanda’s website.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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