Online multi-asset brokerage OANDA, with seven offices globally and regulated in multiple jurisdictions, today announced that Kazuaki Takabatake has been appointed as CEO of OANDA Asia Pacific (APAC) and will be based in Singapore, as per an official company statement.
As part of the new role as CEO across APAC, Mr. Takabatake joins as managing director of the company and brings nearly 25 years expertise across financial services including fintech, as described by the company in the announcement.
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Mr. Takabatake will be responsible for leading OANDA’s ongoing growth in the region, as the company has operations in key places including Singapore, Japan, Greater China and Australia.
Sources familiar with the company’s developments said to Finance Magnates that Rajesh Yohannan – who held the role as CEO for OANDA’s Singapore entity – has since moved on. The news also follows OANDA’s appointment of Stephen Andrews as CEO for its Australia-based business as reported by Finance Magantes in March.
We are delighted to welcome Kaz to the firm.
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Asia Pacific Focus
Commenting on the senior appointment, OANDA Corporation’s CEO, Ed Edger, said: “We are delighted to welcome Kaz to the firm. A seasoned professional, he brings with him a wealth of experience in the financial services sector and a deep-seated knowledge of the Asia-Pacific region, which will be invaluable as we look to shape the company’s global and regional strategies in the months to come.”
Regarding his new position, Mr. Takabatake said in a statement: “I am thrilled to be joining OANDA at such a unique stage in the firm’s growth story. While the company’s regional operations have borne tremendous success over the last three years, increasing active clients by 100 percent during this period alone, a host of untapped opportunities remain in the market that are yet to be realised.”
“I’m confident we can continue to fuel OANDA’s expansion throughout Asia Pacific by further developing our award-winning platform and world-class multi-asset trading services.”
Senior Industry Experience
Mr. Takabatake previously held senior positions including as a member of the board while working for Allocated Bullion Solutions from 2014 through April of this year, before joining Oanda.
He’s also listed as CEO of SwiftCarbon in Singapore, as per a LinkedIn profile description, and had worked for Saxo Bank as CEO for its Singapore operations for more than 7 years from 2007 through 2014, before joining Allocated Bullion.
Mr. Takabatake’s prior brokerage roles included with Patsystems for a 7 year period from 2000 where he held the role as regional head for Japan and Singapore. Prior to Patsystems, he the brokerage firm IBJ in London in the mid-90s and Yamaichi International the early 90s also based in London when he started his career in finance.