Pastures green for David Dean

Nomura''s virtuoso head of Asian ECM departs investment banking to become a professional musician.

David Dean, Nomura's co-head of Asian ECM, will retire from investment banking at the end of this week, departing a firm he has worked at for just over a decade.

Since his arrival in Hong Kong back in 2001, Dean has made Nomura a force to be reckoned with in Asian ECM. In particular he is credited with turning the Japanese POWL Public Offering Without Listing into a standard feature of large equity deals from the region.

Over the past four years, he has completed a total of 13 POWL's, starting with Korea Telecom's $2.24 billion ADR of June 2001 through to a $1.07...

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