Kenichi Watanabe, the chief executive and architect of Nomura’s takeover of Lehman Brothers’ Asian and European operations, resigned to take responsibility for the scandal, together with Takumi Shibata, the chief operating officer.
They will be succeeded by Koji Nagai, who leads Nomura’s securities unit, and Atsushi Yoshikawa, chief of Nomura’s operations in the United States, the company announced. The management changes were approved by Nomura’s board early Thursday.
via NYTimes
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.