OANDA Continues Expansion, Names Greg Niebank Head of Product

The appointment of Niebank is part of OANDA’s efforts to strengthen its client offering.

There has been yet another change for OANDA’s leadership team, as the company continues to grow its management, with the multi-asset trading provider announcing this Tuesday that it has named Greg Niebank as Head of Product.

The appointment of Niebank is part of OANDA’s efforts to strengthen its client offering. As the Head of Product, he will be based in London and will be responsible for adding further trading instruments to the company’s repertoire, as well as drive platform enhancements and arrange client-focused partnerships, the company said in a statement.

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Niebank has been in the electronic trading industry for 21 years, all of which he has spent at CMC Markets, until now. He originally joined the UK-based firm as a junior dealer in 1997 and rose through the ranks over the two decades to ultimately become the Group Head of Product.

Commenting on the appointment, Chief Operating Officer, Kurt vom Scheidt said: “Over the years, OANDA has earned a reputation for combining state-of-the-art technology with a customer-focused approach, and we remain fully committed to providing clients with access to a wide range of instruments and advanced trading tools through our award-winning platform. As such, Greg’s extensive knowledge of the industry will be extremely valuable as we continue to develop our product.”

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Recent appointments at OANDA

In recent months OANDA has been shaking up its leadership team with a series of appointments, with Niebank being the latest, following on the heels of David Grant joining as the APAC COO. 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 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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