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: