Lehman Brothers will bring Katsuya Miyoshi to its Japanese operations to enhance its domestic bond capabilities. Effective August 2, he will join the firm as head of Japanese government bond (JGB) trading.

Miyoshi makes the move to Lehman from Nikko Citigroup Limited, where he held the similar position of head of JGB trading. In total, the industry veteran will bring 12 years of financial experience to Lehman, including nine spent trading JGBs and derivatives.

The appointment correlates with the investment bank's recent introduction of its floating-rate JGB index, which has since become part of the Lehman global family of fixed income indices.