OANDA Onboards FXCM’s Jessica Beckstead as MD, North America; CEO, US

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OANDA Onboards FXCM's Jessica Beckstead as MD, North America; CEO, US

<p>OANDA, a top player in the multi-asset
retail trading industry, has hired Jessica Beckstead, as its Managing Director
for North America, and Chief Executive Officer for the United States.</p><p>Beckstead until the appointment was FXCM's
Managing Director, Global Head of Sales and Customer Success, and Australia CEO. </p><p>She worked for FXCM for over 18 years
after joining the forex and contract for difference broker as the Vice
President of Forex Sales in New York in October 2004.</p><p>"Beckstead will be accountable for driving
the continued success of the firm's growth throughout the US and Canada; she
will be based in New York," OANDA said in a statement released on Monday.</p><p>Speaking on the appointment, OANDA's CEO,
Gavin Bambury, described Beckstead as "an excellent choice" to push the retail
brokerage's expansion in the Americas.</p><p>"Her extensive experience growing a retail
business, as well as proven operational and strategic expertise, will enable us
to identify and implement new strategies to strengthen our reputation, increase
market growth, and propel the business forward," Bambury said.</p><p> Also speaking, Beckstead believes
that her years of experience across six continents developing and scaling
retail brokerages will be greatly beneficial to the new role.</p><p>She noted that the was "looking forward to
building on the strong foundations of the OANDA brand and to further
transforming the firm's operations in the US and Canada."</p><p>OANDA's Exec Moves</p><p>Since the beginning of 2022, OANDA has
made a number of executive rejiggings across its global business teams. </p><p>In July, the broker <a href="https://www.financemagnates.com/executives/moves/oanda-promotes-philip-waters-to-head-of-apac-and-emerging-markets/">promoted Philip Waters</a> to the
position of Head of Asia Pacific and Emerging Markets. </p><p>The retail brokerage in the same month
also <a href="https://www.financemagnates.com/executives/moves/oanda-promotes-mark-chesterman-to-chief-risk-officer/">promoted Mark Chesterman</a>, who
joined the firm in November 2019, to Chief Risk Officer. Chesterman's role is based in the
United Kingdom.</p><p>Additionally, in February, the global online
multi-asset trading services firm <a href="https://www.financemagnates.com/executives/oanda-taps-saxo-bank-exec-michael-aagaard-to-head-its-forex-trading-business/">appointed Michael Aagaard</a>, a
longtime Saxo Bank executive, as its Head of Forex Trading Business. </p><p>OANDA said it hired Aagaard, who has over
20 years of industry experience, to help expand its forex business. </p>

This article was written by Solomon Oladipupo at www.financemagnates.com.

Source: OANDA Onboards FXCM's Jessica Beckstead as MD, North America; CEO, US