John Robson has departed Merrill Lynch in Hong Kong, moving across the road to Nomura as its new head of equity derivatives sales in Asia. He will take with him Terence Tan, who will also join the sales team.

Robson will be report to: Joachim Willnow, Nomura's London-based head of equity derivatives; Tomoyuki Teraguchi, head of equities, Asia and Hiroyuki Nishikawa, head of fixed income Asia.

At Merrill's, Robson held a similar position to his new role at Nomura, focusing on derivative product structuring and marketing. Before this posting, Robson was a debt derivatives trader for both Bank of America and Merrill Lynch in London.

He began his career with Bankers Trust in Australia where he worked in debt capital markets on origination of medium term note programmes.

Commenting on the new hire Willnow says, "This is a strategic hire for Nomura as we seek to intensify our relationships with third party retail networks. We've spent the past eight months building a first class equity and fund derivatives capability in London and are now looking forward to expanding this service to Asia."