OANDA a specialist in online multi-asset trading services and currency data and analytics, has appointed Tim Howkins as Chairman of the firm’s Board of Directors.
Howkins has worked with entrepreneurial high-growth businesses for close to 35 years. He is best known for his 16-year career with IG Group, having initially joined the firm as CFO before assuming the role of CEO. During his nine-year tenure at the helm, Howkins steered the business through an unprecedented period of global transformation, driving significant growth in shareholder value and quadrupling earnings per share.
Howkins says, “I am delighted to be joining OANDA at such an exciting time in the company’s 22-year history. Throughout my career in the FX and CFD industry, I have long admired OANDA as one of the most ethical firms in the industry, with a proven track record in treating clients fairly and placing their interests first. I am excited at the prospect of helping OANDA grow to be one of the largest global firms in the sector.”
Chief Executive Officer of OANDA, Vatsa Narasimha, adds: “We are extremely pleased to welcome Tim to the OANDA Board. A seasoned professional, his in-depth knowledge and unparalleled expertise in the market will be a tremendous asset to the firm as we look for new growth opportunities in the future.”
Howkins’ appointment to the OANDA Group Corporation Board of Directors follows the successful completion of CVC Capital Partners’ acquisition of OANDA, which was completed on 15 October 2018.