Less than two years after joining the firm, Mark Williams has been promoted to head of investment banking for Asia ex-Japan at Nomura, according to an internal memo. He is replacing Patrick Schmitz-Morkramer who has decided to retire from the firm and to take a break from the industry.
Williams, who joined Nomura in October 2010 from UBS, is currently head of equity capital markets and corporate equity derivatives in the region. Since he came on board he has been instrumental in re-building Nomura’s ECM franchise in Asia outside Japan, which had lost a number of bankers following the payment of the first and second instalments of a...