Jasjit Jesse Bhattal has been appointed president and chief operating officer of Nomura's global wholesale business, making him the first foreigner to head the Tokyo-based bank's non-retail operations in Japan and abroad, and the first non-Japanese to join Nomura's executive management board.
The heads of the wholesale businesses and the regional CEOs in Asia ex-Japan, Europe, the Middle East and Africa EMEA, and the Americas will report to Bhattal.
Bhattal will in turn report to Nomura's deputy president and COO, Takumi Shibata, who will take on the role as chairman and CEO of the wholesale division in addition to his current responsibilities. All changes are effective...