Nomura beefs up staffing for international wealth management business in Asia

Nomura Holdings Inc. hired more than 20 private bankers and investment advisers in Hong Kong and Singapore for its international wealth management business as it seeks to more than triple AUM in the business by March 2025.

The Japanese company said Jan. 19 that the move follows the integration of its international wealth management business into its wholesale business and the appointment of Ravi Raju as head of international wealth management in September 2020.

In the client coverage space, the investment bank appointed Wayne Yang as managing director and group head for Greater China: Trevor Mak as managing director and relationship manager for Hong Kong; Johnny Liu as managing director for Greater China; Kitty Chen as managing director and team lead for China; Adil Khan as managing director and group head for Southeast Asia; and Brajesh Jha as managing director and group head for Southeast Asia, among others.

Nomura also appointed Akshay Prasad managing director and head of Investment Products & Advisory Solutions for Asia-Pacific; Sooraj Arur as executive director and head of lending and credit solutions for Asia-Pacific; and Aditya Sehgal as executive director to help drive transformation and business development for investment products and advisory solutions.

For infrastructure and platform, the company appointed Mohan Kuppuswamy executive director and head of architecture and technology for Asia-Pacific; and T.S. Murali executive director and head of front office risk and supervision for Asia-Pacific.

Nomura hired the senior staff from BNP Paribas SA, Deutsche Bank AG, UOB-Kay Hian Holdings Ltd., Citi Private Bank and other companies.