ex-E*Trade Financial CEO Karl Roessner joins OANDA Board as Non-Executive Director

August 25, 2021 - Online multi-asset trading and data services provider OANDA has announced the appointment of industry leader Karl Roessner as a Non-Executive Director, to be based in New York.

Currently CEO of Lefteris Acquisition Corp, Roessner was previously CEO of ETRADE Financial Corporation and President of ETRADE Bank, where he was instrumental in the development and execution of plans that generated a significant increase in revenue, billions of dollars in market capital improvement, improved banking offerings and consistent account growth. He also sat on the Board of Directors of both institutions. Prior to joining E*TRADE in 2009, Roessner spent 17 years with Clifford Chance, working as a lawyer for the firm both before and after the Rogers & Wells merger.

"We are delighted to welcome Karl to our Board of Directors. A seasoned professional in the retail trading industry, he brings with him extensive strategic and operational expertise that will add considerable strength to our advisory team at a critical time in the firm's history. We believe he will be a tremendous asset to OANDA as we continue on our journey to becoming one of the largest multi-asset brokers in the world," said Chief Executive Officer of OANDA, Gavin Bambury.

Further commenting, Roessner said, "I've long admired OANDA for its world-class brand, dedication to innovation and commitment to clients. As such, I'm very much looking forward to working with the board to help identify new opportunities that will further drive the growth of the business."