Cryptocurrency Firm Octagon Strategy Limited Names Julia Pang As COObr>
Octagon Strategy Limited, a global cryptocurrency brokerage firm, has appointed Wayne Trench as CEO and Julia Pang as COO.
Founder and managing director Dave Chapman is named OSL chairman following Trench’s appointment.
OSL also announced it generated US$1.5 billion in cryptocurrency transactions for December 2017. OSL is a digital asset brokerage in Asia-Pacific and manages the buying and selling of all major cryptocurrencies with clients in more than 50 countries worldwide, including financial institutions, family offices and high net worth individuals.
Trench and Pang are the first of a series of OSL management appointments planned for 2018. Trench joins OSL from Morgan Stanley Asia, where he was executive director and head of electronic trading coverage, responsible for the largest, most profitable electronic trading team in the region. He brings more than 15 years of trading and investment banking experience to OSL, having previously held senior roles in leading financial institutions across the APAC region, including Macquarie Bank. Trench has been an active investor in the blockchain and cryptocurrency space since 2014.
Julia Pang has more than 20 years of corporate and institutional banking experience, including Standard Chartered Bank, Citibank and ANZ. Prior to OSL, she held the position of managing director, Financial Institutions Group, Asia Pacific at Banco Santander.
“We are delighted that Wayne and Julia are joining our fast-growing firm,” said Chapman. “Their experience will be invaluable as we see ever-increasing inflows of institutional funds, both into OSL specifically and the cryptocurrency market generally. Their appointments signify a clear maturation of the industry and it is a natural progression that talent will follow. This marks a new growth chapter for OSL and we are forecasting 2018 as the year cryptocurrencies become mainstream. Growth in the cryptocurrency space shows no signs of slowing and having talented professionals, with strong financial and investment backgrounds, means we can deliver world-class OTC trading services.”