OANDA welcomes Kuno Kennel to its board of directors

Former Managing Director of Barclays Wealth and RBS Global Banking & Markets has joined OANDA’s advisory team.

A veteran of the European financial industry, Mr. Kennel’s addition to the board serves to further build on OANDA’s world-class leadership and market expertise, OANDA said.

“It is with great pleasure that we welcome Kuno Kennel to OANDA’s Board of Directors. With more than 22 years in the financial sector, his experience and industry tenure will be an asset to the company,” said Kittu Kolluri, chairman of the OANDA board of directors.

“His wealth of knowledge, including emerging markets, FX options and trading, will help bolster OANDA as a trusted broker and leading innovator in the retail market.”

A former Managing Director for both Barclays Capital and RBS Global Banking & Markets in Switzerland, Mr. Kennel is also currently the Chairman of a leading Swiss retail bank.

“OANDA has an excellent reputation globally and I’m excited to be joining its Board,” Mr. Kennel said. “I look forward to parlaying my experience in capital and financial markets into the next generation technology of trading FX and other financial instruments.”

With his appointment to the OANDA board, Mr. Kennel joins the team led by Mr. Kolluri who is a General Partner at NEA, a venture capital firm that supports entrepreneurship in technology markets.

Other OANDA board members include Danny Rimer, a partner at venture capital firm Index Ventures and an investor in Internet infrastructure software and services companies; Renato Fassbind, an independent senior advisor and board member of several prestigious financial companies, including vice-chairman of Swiss Re Holding AG; Michael Stumm, co-founder of OANDA and a computer engineering professor at the University of Toronto; and Mich Mathews, a former chief marketing officer of Microsoft Corporation.

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