Narasimha steps down as Oanda CEO

Vatsa will remain on the broker’s board of directors

Vatsa Narasimha, Oanda
Vatsa Narasimha has served as Oanda’s chief executive since 2017

Vatsa Narasimha is stepping down as president and chief executive of retail foreign exchange platform Oanda on personal grounds, a spokesperson for the company has confirmed.

Narasimha will now serve as a non-executive director on the retailer’s board. A search for his replacement is ongoing.

New York-based Narasimha stepped into the chief executive role in January 2017, taking over from Ed Eger.

Eger left the FX retailer to lead Rewards Network, a marketing fintech company in the restaurant

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