OANDA Names Industry Veteran David Grant as APAC COO

Multi-asset online trading provider OANDA has managed to secure a new Chief Operating Officer (COO) for its Asia Pacific (APAC) operations, appointing industry veteran David Grant to the role.

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As the COO of OANDA’s APAC operations, Grant will be based in Singapore. His main responsibility will be overseeing the company’s administrative and operational functions. He will also focus on enhancing the efficiency of the business,

Grant joins the multi-asset trading provider from Gain Capital, where he held an identical role – APAC COO. During his career, which includes more than two decades of experience in the electronic trading industry, he has held a number of roles with leading financial institutions.

Namely, he was the Chief Executive Officer (CEO) of the Singapore branches of optionsXpress and City Index. He has also held the role of Head of Compliance at E*Trade and worked in equities at Goldman Sachs.

Commenting on the appointment, Mohsin Siddiqui, Managing Director for the Asia-Pacific and Americas regions, said, “An accomplished financial services professional, David brings with him an extraordinary knowledge of the industry landscape. His extensive experience in trading, operations and management will be invaluable as we look to further grow the business in Asia Pacific.”

The changing landscape at OANDA

In recent months OANDA has been shaking up its leadership team with a series of appointments, with Grant being the latest. As Finance Magnates reported, in August the company announced that it had named Gavin Bambury as its CEO.

Only a couple of months later in October, it was revealed that OANDA’s Asia Pacific CEO Kazuaki Takabatake had stepped down from his role this month, in order to pursue other interests.

Taking his place for the interim Mohsin Siddiqui, who holds the title of Managing Director, The Americas, has assumed the daily management of the regional operation until the firm appoints a new Asia Pacific CEO.

On top of this, the firm recently hired Mark Chesterman as Head of Trading and Lucian Lauerman as Head of Solutions for Business, both reporting to Kurt vom Scheidt, who assumed an expanded role as Chief Operating Officer in November.

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