After Seven Years at OANDA, Mark Chesterman Steps Down as Chief Risk Officer

Mark Chesterman has
stepped down as Chief Risk Officer at OANDA after seven years at the company,
according to a LinkedIn post published today (Tuesday).

London’s trading industry is coming home!

OANDA has also undergone wider leadership
changes in recent months. In June, Lucian
Lauerman was promoted to Chief Executive Officer of OANDA Europe Limited,
following the appointment of FTMO
founders Otakar Šuffner and Marek Vašíček as co-CEOs of OANDA after
discussions with Gavin Bambury, who stepped down as CEO.

Chesterman Ends Seven-Year Tenure at
OANDA

“Today was my last day
at OANDA, bringing seven years to a close,” Chesterman wrote. He described the
period as one of “almost constant change”.

He said his work at OANDA
covered several areas, including mergers and acquisitions, trading
operations, risk management and board governance. He also referred to global
leadership responsibilities amid the growth of artificial intelligence.

Chesterman’s LinkedIn
profile lists Head of Trading as one of his roles at OANDA. He held the
position for two years and nine months.

Led IG Futures and FX Business

Before joining OANDA,
he spent ten months as Chief Operating Officer at Stater Global Markets, a
prime-of-prime broker.

He spent more than 14
years at IG before moving to Stater Global Markets. His roles included Chief
Operating Officer of IG Institutional, Global Business Development Officer,
Head of Futures and FX, Chief FX Dealer and Dealer.

As Chief Operating
Officer of IG Institutional, he worked on operational processes, client
onboarding and credit risk policies for the institutional business. He held the
position for eleven months.

He then served as
Global Business Development Officer for two years and two months. His
responsibilities covered strategy, product development, marketing and revenue
growth across IG’s institutional business and its MetaTrader 4 platform.

Before that,
Chesterman spent three years and ten months as Head of Futures and FX at IG,
overseeing trading strategy, client flow monetisation and product development
across foreign exchange, index derivatives, commodities and interest rates.

He began his career at
IG as a Dealer, a position he held for four years and seven months, before
serving as Chief FX Dealer for three years.

This article was written by Tareq Sikder at www.financemagnates.com.