OANDA Is Onboarding Philip Holemans as Its New Chief Financial Officer

OANDA, a retail broker with operations around the world, announced that it has onboarded Philip Holemans as its new Chief Financial Officer.

Finance Magnates recently learned in an official press release that Philip Holemans, a veteran with almost three decades of experience and twenty of those years in the financial services industry, has been named by OANDA, a global leader in online Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term trading services, currency data and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term, as its new Chief Financial Officer.

In the role, Holemans will be in charge of optimising OANDA’s financial performance, ensuring compliance with international accounting standards and assisting directly with OANDA’s growth strategy.

A Chronicle of Holemans’ Career

Prior to the new position with OANDA, Holemans served WiZink also as its Chief Financial Officer. Located in Madrid, he fulfilled the duties of the role between March 2019 and April 2020, according to his LinkedIn profile.

Earlier to his experience at WiZink, MONETA Money Bank (previously GE Capital) recruited him as the Chief Financial Officer and Vice Chairman of the Board. For almost three years, he led a team of 120 professionals and was a partner to the CEO driving change, performance and operational excellence.

Before GE Capital changed its name to MONETA, he held a similar position as the Chief Financial Officer of GE Money Bank for around two and a half years. He received a promotion in early 2014 from his earlier role of Chief Financial Officer for Germany and Benelux.

At Stanley Europe, Holemans became the European Supply Chain Controller in March 2002. Over the course of seventeen months, he increased predictability of financial results and compliance for the tax-driven European supply chain structure among other responsibilities.

Previously at GE Fleet Services Europe, he took on the charge of Financial Systems & Project Implementation Leader. For around four years, he standardised and simplified financial processes across Europe with one common chart of accounts and closing process among many other duties.

Also, at IMS Health, he served as the Senior FP&A Analyst IMS International from late 1996 to early 1998.

Further, Caradon Stelrad employed him as a Business Analyst of Caradon Belgium. The responsibilities included weekly sales & production reporting to local management and monthly management reporting to corporate. Moreover, he coordinated annual stock takes & implemented stock valuation tools.

His earliest known position of employment was European Finance Assistant at Johnson Controls Europe. From August 1993, he implemented a new accounting package and was responsible for the day-to-day accounting for European HQ.

Identify and Implement New Strategies

“Philip brings with him significant expertise within the financial services industry. His in-depth knowledge of financial planning and analysis, mergers and acquisitions, and corporate development will be invaluable as we continue on our journey to becoming one of the largest multi-asset brokers in the world. We’re delighted to welcome him to the firm,” said Chief Executive Officer of OANDA, Gavin Bambury.

“I'm very much looking forward to working with the OANDA team, helping to identify and implement new strategies that will continue to improve efficiencies, increase profitability and further drive the growth of the business,” Holemans added.