Nomura Furthers Expansion into Wealth Management with Over 25 New Hires

​Fazzaco learned that Asia’s global investment bank Nomura has announced over 25 new appointments, including private bankers and investment advisors, for its International Wealth Management business over the past six months.

These appointments in Singapore and Hong Kong are expected to accelerate Nomura’s drive to enhance product and service offerings for high-networth (HNW) clients, following Nomura’s continuous efforts to build out the private banking business. And Ravi Raju was named Head of International Wealth Management in September 2020.

Earlier in January, Nomura has announced the hiring of over 20 wealth management professionals into the business as part of the expansion plans.

“The core of our ambitions to build a global wealth platform for clients lies in recruiting the right people. I am confident our new joiners, all of them seasoned professionals from the wealth management industry, will enhance client coverage and advice, and help strengthen our presence across Greater China, Southeast Asia, the Indian subcontinent and the Middle East,” said Mr. Raju.

At the end of July, Fazzaco reported that Nomura has released its financial results for the first quarter ​of the fiscal year ending March 31, 2022, which unveiled that its net revenue stood at 353.3 billion yen.