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On the Move

Hayward Heads Oanda Europe

Retail FX broker Oanda has appointed a new head of Oanda Europe following the departure of Antony Broadbent in September.

The company, which opened its London office in June last year and appointed Broadbent as managing director of the subsidiary, has appointed Paul Hayward to the role. Hayward was most recently head of Oanda’s Dubai office. He has almost three decades of financial services experience in London and Dubai and has previously worked at HSBC and Raiffeisen Zentralbank.

Broadbent joined the online FX trading company in 2009 after spending three years as a senior research analyst at Sanford C. Bernstein and nine years as director for European corporate development at Capital One. Prior to this he was a senior engagement manager at McKinsey & Co. for 10 years.

An Oanda spokesperson tells Profit & Loss: “During his tenure with the company, Antony achieved his mandate to build the Oanda Europe team and ensure our good standing with the Financial Services Authority. We are now poised for further growth in the region under the leadership of Paul Hayward, a forex industry veteran and most recently the head of Oanda’s Dubai office.”

Integral Hires Global Head of Solutions

Foreign exchange technology provider Integral Development Corp. has appointed Douglas Sidnam as vice president, global head of solutions, based in New York.

Sidnam has spent the previous two decades with Reuters/Thomson Reuters, most recently as senior vice president of professional services with global responsibility for end-to-end delivery of services for the company’s trading and market data products.

In the newly created role at Integral, Sidnam will focus on services and processes to quickly bring new customers on board and ensure that existing customers continue to experience exceptional service levels.

“Integral has added more customers in 2012 than in the prior two years combined and our growth rate is accelerating. Doug is the right individual at the right time to maintain that continued growth while ensuring an outstanding customer experience,” says Harpal Sandhu, CEO of Integral.

Prior to Reuters, Sidnam worked at Garban, where he led the design and implementation of a real-time data distribution display system, and the New York Institute of Technology.

StanChart Appoints Regional Head, Northeast Asia

Standard Chartered has appointed Sridhar Kanthadai as its new regional head of transaction banking for northeast Asia, based in Hong Kong.

Kanthadai reports to Jiten Arora, global head of sales and transaction banking, and Darcy Lai, regional head of origination and client coverage for northeast Asia. He takes on responsibility for the direction, management and development of Standard Chartered’s transaction banking team in the region and improving the bank’s range of services in cash management, trade finance, securities and RMB-settlement services.

Kanthadai joins from Citi where he was most recently managing director, head of treasury and trade solutions for Asia Pacific.

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