OANDA Taps Ex-CEO of Admiral Markets Australia as Sydney MD

Stephen Andrews becomes managing director for the Sydney office and is joined by two new directors in sales and education

OANDA, the online provider of multi-asset trading solutions, including FX, across its regulated business lines with eight offices globally, today announced the appointment of new management positions for its Australia-based operations.

The company has made Stephen Andrews Managing Director of OANDA Australia, based in Sydney, and who will be joined by Jonathan Casey as Director of Sales, as well as David Villagra as Director of Education and Institutional Sales, according to the company’s press release.

Scooped Up By the Competition

According to information from LinkedIn, Mr. Andrews was previously the CEO of Admiral Markets Australia, and Mr. Villagra was previously Head of Sales at Admiral Market’s Australia before joining Oanda last month. Mr. Casey had prior experience with Rivkin, an-ASX focused business operation that included managing an outbound sales team to cross-sell investment products such as Rivkin Local, Global, FX and SMSF, according to information on a profile describing his background.

Stephen Andrews Source: LinkedIn
Stephen Andrews
Source: LinkedIn

Commenting on the appointments, OANDA Asia Pacific CEO Rajesh Yohannan said: “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.”

“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,” he added.

Mr. Andrews also added in the press release: “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.”

The news follows the company’s recent acquisition of TradeStation customers in the US, as well as in Australia.

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