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OANDA strengthens senior leadership team in Australia with two critical appointments

9th March, 2016
Media relations contact

Melinda Earsdon
Global Head of Public Relations
+65 6579 8288

OANDA Australia has strengthened its top management team with the appointment of Stephen Andrews as Managing Director, based in Sydney.

Andrews’ appointment further demonstrates the firm’s ongoing commitment to delivering an award-winning platform, competitive spreads with no commission and exceptional execution across forex and CFDs, enabling clients to trade global market indices, commodities, treasuries and currencies on both fxTrade and MT4.

“Since opening our doors in Australia two years ago, we’ve earned a reputation for excellence and made solid progress in terms of gaining market share,” said Rajesh Yohannan, Managing Director and Chief Executive at OANDA Asia Pacific.

“However, we are still a relative newcomer in the market, and we see a host of untapped opportunities we have yet to explore. As such, Stephen is joining us at a critical point in our expansion, and I’m confident that he is the right person to take our Australian operation to the next level.”

With more than eight years in senior sales and management roles, Andrews brings with him extensive experience in the FX industry. Before joining OANDA, he was Managing Director of another global FX company, where he was instrumental in growing both the retail and institutional business.

“Having long since admired the brand and the firm’s ethical approach to trading, I am very excited to be a part of OANDA’s growth story in Australia. And while we have ambitious targets to reach, I am confident we’ll be able to drive growth thanks to our award-winning platform, unparalleled education program, and ever-expanding range of asset classes on offer,” said Andrews.

Joining Andrews at OANDA, the firm has also appointed David Villagra as Director of Education and Institutional Sales. Villagra will spearhead OANDA’s trading education division and will be responsible for developing a comprehensive range of educational courses, workshops and seminars.

“David brings with him an extraordinary knowledge of the Australia market, and will play a critical role both in terms of further growing the business, but also helping our clients become successful self-directed traders,” said Andrews.