Nomura has appointed Nikolai Ahrens as country co-head of Nomura Bank (Deutschland) alongside Koichi Katakawa. Mr Ahrens will also take responsibility as head of investment banking Germany and Austria as of February 1, 2010.

Mr Ahrens succeeds Patrick Schmitz-Morkramer who will become co-head of investment banking Asia ex-Japan as of February 1, 2010. Mr Schmitz-Morkramer will be based in Hong Kong.

Mr Ahrens currently holds the position as global co-head of natural resources and power and brings over 16 years of investment banking experience to the role. Earlier, he was head of European chemicals within the natural resources group at Lehman Brothers, a position he took up in 2007. Previously he worked at Citigroup.

Additionally, Christian Karcher, managing director in investment banking Germany and Austria will also take on the new role of chief operating officer, investment banking Germany and Austria as of February 1, 2010.

William Vereker, head of investment banking, EMEA at Nomura, said: “Mr Ahrens has made an immense contribution to our investment banking division. I am confident that his expertise and strong client relationships will ensure the continued growth and development of our German business.”