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Nomura rolls out Asia appointments

Japanese firm makes key appointments to further expand Asian operations.
Nomura Holdings Inc has rolled several new appointments around the region as it aims to strengthen its commitment to Asia and speed up the decision making process in its regional businesses.

Hiroshi Toda, presently Nomura's deputy president and chief operating officer (COO), with responsibility for the groupÆs entire global operations, will serve concurrently as the president and chief executive officer (CEO) of Nomura Asia Holdings. According to the Japanese firm, the newly created role will be more hands-on and reflects his greater involvement in its Asia operations. It will take effect from 1 April.

Under the new structure, Toda will also support Noriyasu Yoshizawa, senior managing director, Nomura Securities and a board member of Nomura Asia Holdings, in charge of mainland China, in order to further expand its China business and infrastructure development.

In addition, Yoshinori Go will take on the role of co-president and COO of Nomura Asia Holdings. Also effective 1 April, Go will also continue in his current position of president and CEO of Nomura International (Hong Kong).

Elsewhere in the Nomura universe, the bank has also appointed Thaddeus Beczak as chairman of NAH. The 20-year Asian veteran takes on the role after serving the group as a senior advisor in Hong Kong and sitting on several outside committees such as the advisory committee of the Securities and Futures Commission of Hong Kong. Beczak has also held senior positions including committee member of the Hong Kong Association of Banks and the title of president at JPMorgan Securities Asia.

Finally, Nomura has also announced that Kunio Watanabe will take on the post of co-president of Nomura International (Hong Kong). Currently, he is managing director, financial institutions department, Nomura Securities, which he has held since July 2004.
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