Jai Rajpal assumes sole leadership of fixed income at Nomura

Nomura appoints Jai Rajpal as head of fixed income Asia ex-Japan following the resignation of Thomas Siegmund.

Thomas Siegmund, co-head of fixed income Asia ex-Japan at Nomura, has stepped down, leaving Jai Rajpal as the sole head of the division. Siegmund and Rajpal were appointed as co-heads in November 2008 after Nomura took over Lehman Brothers, their former employer.

Rajpal's appointment as sole head was made prior to the beginning of the fiscal year. As one source said It was optimal to have a centralised decision-making structure in place to drive strong local regional...

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