Nomura Holdings has made organizational changes and new management appointments to ensure closer collaboration across its global business platform and support functions while further enhancing its risk management operations.
Hiromasa Yamazaki, the current global markets deputy CEO, will be appointed as global markets CEO to oversee the division’s operations that include global equities, global fixed income and asset finance.
The current global markets CEO, Akira Maruyama, will become deputy president of Nomura Securities with responsibilities for the public sector. He will also be appointed as president and CEO of Nomura institute of capital markets research.
Naoki Matsuba, currently head of global equities, will continue to manage Nomura’s global equities business as co-head of global equities. Additionally, Mr Matsuba will take over as the new CEO for the Americas to further drive its build out in the US. He will be appointed as president and CEO of Nomura Holding America and chairman and CEO of Nomura Securities International. He will also be responsible for further enhancing Nomura’s business support functions in the Americas.
Rachid Bouzouba, currently head of equities, EMEA, has been appointed as co-head of global equities to work on further developing Nomura’s growing equities business on a global basis.
Moreover, Nomura plans to establish a new group for risk management planning department, to further enhance its risk management services that will be responsible for developing and implementing risk management processes.
Nomura will also set up a new government affairs and risk advisory group that will be overseen by Shigesuke Kashiwagi, currently the firm’s CEO for the Americas. This group will be responsible for gathering information to investigate and analyze risk management issues, while also collaborating with various departments in the firm and external parties.
Hiroshi Tanaka, currently group compliance head and chief information officer, will be appointed as group chief administrative officer to oversee Nomura’s IT, operations, and compliance functions. He will work closely with the CAOs in each region to build on the substantial progress already made in creating a global platform for Nomura’s business support functions.
Along with the appointment of a new CEO for the Americas, Nomura also made number of management changes in its international operations. Yasuaki Ogiwara will be appointed as president and CEO of Nomura Italia and Albert Weng will be appointed as head of the Taipei branch of Nomura International (Hong Kong). Masahiro Goto will move to London from Tokyo to take up the position of co-head of investment banking, EMEA.
However, all organizational changes and management appointments are effective from April 1, 2010, subject to necessary regulatory approvals.