These are all the new MDs at Nomura
Nomura, which as we noted yesterday operates on a cycle entirely of its own when it comes to promotions and bonuses, has just promoted its new class of managing directors.
In the Asian markets business, Nomura's promotions include: Rina Tan, Vincent Lee (HK structured credit), Ajay Jain (equity structuring), Steven Zhu and Jenny Zhang (head of China credit sales).
In London, Nomura's markets promotions include Andy Chaytor, a macro desk strat, FX trader Yakeen Mirchandani, rates trader Ryan Okerblom, and Chris Old, the head of e-trading strategy in Nomura's digital office.
In the US, we spot Jeff Petillo in structured solutions and Henry Holmes (IV) in derivative sales, among others.
The new promotions come after Nomura has experienced exits before bonuses are paid, which can be a sign that bonuses won't be worth hanging about for. In such circumstances, banks will often promote a larger MD class than usual.
Net income at Nomura's investment bank rose 16% last year, but revenues in the global markets division declined 3%. The bank announced today that it hired 10 traders to build out its macro trading desk under Kevin Connors its global head of FX & emerging market sales and EMEA head of FX & EM.
Historically, Nomura had a reputation for paying its MDs unusually high salaries. Speaking on the bank's recent investor call, CFO Takumi Kitamura said the bank acknowledges that compensation is important in attracting "young talent." The H1B visa database suggests that Nomura associates in NYC are on salaries of $170k.
Yohal Akasaki
Zubin Alemo
Benoit Arlettaz
Sooraj Arur
Brian Avery
Danielle Chalkin
Andy Chaytor
Arjit Choudhury
Leigh Cleasby
Arcelango Correra
Jospeh Dunn
Davide Zur Goldstaub
Andrew Hill
Oliver Holt
Henry Holmes IV
James Incognito
Gregory Ito
Emmanuel Jacono
Ajay Jain
Marc Jeannin
Michael Kampf
Kanishka Kelshikar
Han Chul Keum
Aleksandr Kosoglyadov
Marcel Kus
Steve Lammin
Vivian Law Annan
Vincent Lee
Jason Leung
Dimitry Lobaskin
Mikael Markman
Carlos Martinez Tellez
Mark McCauley
Yakeen Mirchandani
Roman Muchnik
Ryan Okerblom
Chris Old
Jaroslaw Olszowka
Madhu Panchagnula
Adam Pearson
Jeffrey Petillo
Gustavo Rubio
Angela Skandakumar
Robert Smith
Paul Stephenson
Sumit Sukhramani
Meghan Sullivan
Jianjian Sun
Rina Tan
Philip Theodoropoulos
Franco Trovo
Ufondo Udeze
James Wadley
Jacob Wagner
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