Nomura's chief of the wholesale division and deputy president of Nomura, Jasjit "Jesse" Bhattal, retires. Takumi Shibata takes over his responsibilities on an interim basis.
Tarun Jotwani is promoted to head of global markets at Nomura, adding equities to his debt portfolio, soon after Jesse Bhattal becomes CEO of Nomura's wholesale division.
A fragmented competitive landscape following the financial crisis and the rising importance of emerging markets provide a golden opportunity for Nomura to pursue its global ambitions, writes Jesse Bhattal.
Colin Banfield, Nomura's joint head of investment banking, moves to Citi to head M&A for Asia-Pacific, marking the latest in a string of senior departures from the Japanese bank in Asia.
Nomura appoints Jesse Bhattal as president and COO of its global wholesale business, and brings his former Lehman colleague Philip Lynch back to the region as CEO for Asia ex-Japan.