Nomura has boosted its regional convertible bonds business, announcing the recruitment of Kwong Lam to the firm. Lam joins Nomura as head of Asia convertible bonds, replacing Raymond So, who left the Japanese bank last month.

Upon joining the firm, Lam will report to Tomoyuki Teraguchi, head of Asia equity division and also Paul Dolan, head of convertible bonds, who is based in London.

For Nomura, Lam will be charged with building its regional convertible bonds business and expanding the regional team. According to Nomura, it will hire roughly 10 more in its Asian equity division, which includes the convertible bonds business. It will also focus more of its efforts on Taiwan and India convertible bonds.

He joins from the Hong Kong operations of KBC Financial Products, where he was an executive director. In this firmÆs Hong Kong offices, he was responsible for Asian convertible bonds and proprietary trading.

Before his KBC role, Lam was in convertible bond sales at Deutsche Bank and BankerÆs Trust in Hong Kong. In total he brings over eight years of experience in convertible bond trading to Nomura.

Lam began his career at Ernst & Young in Chicago and Toronto as a senior accountant.