OANDA welcomes industry leader Tim Howkins to the Board of Directors


2018/11/9 15:15

OANDA welcomes industry leader Tim Howkins to the Board of Directors


NEW YORK, Oct. 25, 2018 /PRNewswire=KYODO JBN/ --

A global leader in online multi-asset trading services and currency data and

analytics, OANDA recently announced the appointment of industry leader Tim

Howkins as Chairman to its Board of Directors, adding a wealth of

industry-specific expertise to OANDA's advisory team.

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 commented, "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 added, "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


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.


Founded in 1996, OANDA was the first company to share exchange rate data free

of charge on the Internet, launching an FX trading platform that helped pioneer

the development of web-based currency trading five years later. Today, the firm

provides online multi-asset trading, currency data and analytics to retail and

corporate clients, demonstrating an unrivalled expertise in foreign exchange.

With regulated entities in six of the world's most active financial markets,

OANDA remains dedicated to transforming the business of foreign exchange. For

more information, please visit oanda.com (https://www.oanda.com/) or follow us

on Twitter (https://twitter.com/OANDA), Facebook

(https://www.facebook.com/OANDAfx) or YouTube


About CVC Capital Partners

CVC Capital Partners ("CVC") is a leading private equity and investment

advisory firm. Founded in 1981, CVC today has a network of 23 offices and

approximately 450 employees throughout Asia, Europe and the U.S. To date, CVC

has secured commitments of over $110 billion from some of the world's leading

institutional investors across its private equity and credit strategies. In

total, CVC currently manages c. $70 billion of assets. Today, funds managed or

advised by CVC are invested in 61 companies worldwide, employing c.270,000

people in numerous countries. Together, these companies have combined annual

sales of over $60 billion. For further information about CVC please visit: