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Dr. Richard Olsen Chairman
and Co-Founder
Dr. Richard Olsen
is the founder of The Olsen Group (formerly Olsen & Associates). He
received his Licentiate in Law from the University of Zurich in 1979,
his Masters in Economics from Oxford University in 1980 and his Ph.D.
in Law from Oxford in 1981. From 1983 to 1985, Dr. Olsen worked as an
assistant legal advisor, a member of the research team and a foreign exchange
dealer at a Zurich-based bank. In 1985, Dr. Olsen founded The Olsen Group
and became its Chief Executive Officer. In 1996, Dr. Olsen co-founded
OANDA, Inc.
Dr. Michael Stumm Chief
Technology Officer and Co-Founder
Dr. Stumm is a co-founder of OANDA, Inc. In addition, he is a professor
in the Department of Electrical and Computer Engineering and the Department
of Computer Science at the University of Toronto. He was also director
of Computer Engineering for several years. Dr. Stumm has over 20 years
of experience in computer engineering and science at IBM, O&A, Stanford
University, the University of Toronto and the ETH in Zurich, specializing
in the area of distributed and parallel systems, Internet and Web technology,
and eCommerce. Dr. Stumm has a Bachelor of Science degree in mathematics
and a Ph.D. in Computer Science and is the author of over 80 scientific
publications.
Alan Fletcher Head
of FX Operations
Mr. Fletcher has nearly 20 years of experience dealing in the foreign
exchange market. Prior to working at OANDA, Mr. Fletcher served as Manager
of the Treasury Department at Athenian Capital Holdings where he led the
development and implementation of the department's business plan. His
extensive background includes the following positions: Senior Dealer at
Linnco Europe Ltd., Head of Spot Foreign Exchange at ABN/AMRO Ltd., Chief
Dealer of Spot Foreign Exchange at Tokai Bank Ltd., Senior Dealer of Spot
Foreign Exchange at Midland Bank Plc., and Senior Spot Dealer of Foreign
Exchange at the National Bank of Kuwait.
Bernard Hechinger Head
of OANDA Risk Management
Mr. Hechinger is a CFA with 15 years experience in dealing and marketing
foreign exchange and fixed-income derivatives. He has worked at major
Swiss, American and Japanese financial institutions (CSFB, Continental
Illinois, Sanwa). Mr. Hechinger joined The Olsen Group in 1996 as Business
Unit Manager responsible for extending the OIS to include interest rate
instruments and aiding in the development of new trading models and strategies.
He is now Head of OANDA Risk Management. Mr. Hechinger graduated from
the Wharton School of Business.