Nomura targets sovereign wealth funds with new hire from RBS

Nomura poaches yet another RBS banker, Henrik Melph, to head sales to central banks and sovereign wealth funds.

Nomura has hired Henrik Melph from Royal Bank of Scotland as part of an effort to win more business from central banks and sovereign wealth funds.

Melph, who will assume the role of global head of central bank and sovereign wealth fund sales, is well-placed to target this client base, having worked in a similar role at RBS for the past five years and at UBS before that, selling liquid products to central banks.

The two client groups are often closely linked. Sovereign wealth funds, such as China’s CIC, help countries with vast trade imbalances to diversify their foreign reserves away from the central bank’s usual mix of US Treasuries, Japanese government...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222