Nomura has promoted Rig Karkhanis to head of fixed income for Asia ex-Japan, in an expansion of his previous role as head of fixed income Singapore. He replaces Jai Rajpal, who was previously based in Hong Kong but is now moving to London to take on the role of global head of forex. Rajpal replaces Richard Gladwin, Nomura’s former global head of forex.
In his new role, Karkhanis will continue to be based in Singapore. He reports locally to Minoru Shinohara, CEO, Asia ex-Japan regionally to Yutaka Nakajima, Asia-Pacific head of fixed income trading, and Takashi Abiko, Asia-Pacific head of fixed income sales and globally to Steve Ashley, global...