Canada based Retail FX broker and currency services provider OANDA has announced the appointment of Philip Holemans as its new Chief Financial Officer (CFO). He will be responsible for optimising the firm’s financial performance, ensuring compliance with global accounting standards and helping direct OANDA’s growth strategy in the coming years.

With almost 20 years of experience in the financial services sector, Philip Holemans had a longstanding career at GE Capital, where he held CFO roles in the Benelux, Germany and Czechia. Having left GE, he assumed the role of CFO and Vice Chairman of the Board with Moneta Money Bank, which is listed on the Prague stock exchange. He joins OANDA from WiZink, a private equity-owned Iberian digital bank where he was also Chief Financial Officer.

“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.

Further commenting, Philip Holemans said,

“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.”

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 group provides online multi-asset trading, currency data and analytics to retail and corporate clients. The company has regulated entities in eight of the world’s most active financial markets.