Global investment bank Nomura is accelerating its drive to bolster product and service offerings for high net worth (HNW) clients.
It has hired over 25 private bankers and investment advisers in its international wealth management business over the past six months.
Rig Karkhanis, deputy head of global markets and head of global markets, Asia ex-Japan at Nomura, said: “Aligning with global markets and investment banking has allowed international wealth management to deepen its institutional product suite to meet the sophisticated needs of entrepreneurs and ultra-high net worth clients.
“We are now in a strong position to offer them structured products, financing and derivatives solutions.”
Hires
Nomura has only announced a number of its recent hires in its international wealth management operation.
Appointments in its client coverage team include:
- Richard Hu has been named managing director and group head for greater China relationship management. He joined from Bank of Singapore, where he was managing director and market head for greater China.
- Melani Hoesada has been appointed as managing director and team lead for southeast Asia with a focus on the Indonesian market. Before joining Nomura, she was a client adviser and desk head at UBS Wealth Management.
- Kapil Poply has joined as managing director and team lead to cover the southeast Asia and NRI markets. He joins from Standard Chartered, where he was a managing director in private banking.
- Jeanna Chan has been appointed executive director and team lead for greater China. She was executive director and team head for the greater China region at Bank of Singapore.
- Sarah Lee has been named executive director and team lead covering the greater China market. She joined from Deutsche Bank where she had a similar role servicing high net worth clients from China, Hong Kong and Taiwan.
- Andrew Au has joined as executive director and relationship manager in the greater China team. Prior to Nomura, he was an adviser for about a year with Hong Kong-based Maxco, which provides business advisory services to corporates and individuals.
- David Huang has been hired as executive director and relationship manager for greater China. He moved from Bank of Singapore, where he was an executive director.
- Gaurav Gupta has been appointed executive director and relationship manager for southeast Asia and NRI markets. He joined from Standard Chartered’s private bank, where he was an executive director in the division focusing on the global south Asian community.
- Sharon Bahl has joined as executive director and relationship manager to cover the NRI market. She moved from BNP Paribas, where she worked for almost nine years in Singapore.
- Gautam Sareen has been named executive director and relationship manager to cover the southeast Asia and NRI markets. He joined from BNP Paribas, where he serviced Indian ultra-high net worth individuals and their families.
- Nishant Chugh has joined as executive director and relationship manager focusing on south east Asia. Prior to Nomura, he was a director in private banking at BNP Paribas in Singapore.
Investment products and advisory solutions hires
Gareth Nicholson has been appointed executive director, chief investment officer and Head of discretionary portfolio management.
He joined from Bank of Singapore, where he was executive director, head of fixed income discretionary portfolio management.
Symon Tilberis has joined as executive director and head of family office services, after 19 years in international wealth and asset management. Prior to Nomura, he was an executive director at BNP Paribas.
Nomura has also hired Olaf van Duijnhoven as executive director and team lead of investment advisory and Albert Wong as executive director and investment adviser.
