K Duker Leaves OANDA's Executive Committee after Six Years at the Company

After serving as interim CEO for eighteen months and steering the company to an expansion in the Asia-Pacific region, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates' reporters have learnt that K Duker has parted ways with OANDA. In December last year, Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and banking veteran Ed Eger joined the company from PayPal, as Mr. Duker had stepped down, taking a role on the firm’s Executive Committee.

Forex Magantes' reporters reached out to OANDA for additional comments, and the company’s CEO, Ed Eger, explained, “After six years with OANDA Corporation, K Duker has decided to leave the company to pursue new opportunities. In my first six months as President and CEO, I cannot even verbalize how much of an asset K has been to me, providing invaluable guidance and insight.”

He further emphasized Mr. Duker’s effort in expanding the company’s presence in the Asia- Pacific region by stating, “As the company's head of Asia-Pacific, where K led great growth for us, then as interim CEO, bringing stability to our brand in a time of great change, and most recently as a member of our Executive Committee, K has provided great vision and forex expertise to OANDA through his tenure here.”

Mr. Eger concluded, “I have a huge amount of respect for K and wish him all the best in what will no doubt be a successful next endeavour.”