Localization Settings not reflected in API results

The localization settings doesn’t seem to get reflected in API results.

As you can see in the attached screenshot, in the SuiteCRM the date format is mm.dd.yyyy but in the angular portal where the the SuiteCRM API is integrated to get the accounts, the format is different (the one stored in database). It’s not getting formatted as per user’s stored settings.

Please advise on how can I get the localization settings being applied over API as well.