Former IG Institutional COO Steps Down at OANDA After Seven Years as Chief Risk Officer

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Mark Chesterman hasstepped 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 leadershipchanges in recent months. In June, LucianLauerman was promoted to Chief Executive Officer of OANDA Europe Limited,following the appointment of FTMOfounders Otakar Šuffner and Marek Vašíček as co-CEOs of OANDA afterdiscussions with Gavin Bambury, who stepped down as CEO.Chesterman Ends Seven-Year Tenure atOANDA“Today was my last dayat OANDA, bringing seven years to a close,” Chesterman wrote. He described theperiod as one of “almost constant change”.He said his work at OANDAcovered several areas, including mergers and acquisitions, tradingoperations, risk management and board governance. He also referred to globalleadership responsibilities amid the growth of artificial intelligence.Chesterman's LinkedInprofile lists Head of Trading as one of his roles at OANDA. He held theposition for two years and nine months.Led IG Futures and FX BusinessBefore joining OANDA,he spent ten months as Chief Operating Officer at Stater Global Markets, aprime-of-prime broker.He spent more than 14years at IG before moving to Stater Global Markets. His roles included ChiefOperating Officer of IG Institutional, Global Business Development Officer,Head of Futures and FX, Chief FX Dealer and Dealer.As Chief OperatingOfficer of IG Institutional, he worked on operational processes, clientonboarding and credit risk policies for the institutional business. He held theposition for eleven months.He then served asGlobal Business Development Officer for two years and two months. Hisresponsibilities covered strategy, product development, marketing and revenuegrowth 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 developmentacross foreign exchange, index derivatives, commodities and interest rates.He began his career atIG as a Dealer, a position he held for four years and seven months, beforeserving as Chief FX Dealer for three years.This article was written by Tareq Sikder at www.financemagnates.com.