Nomura Asset Management Appoints Yoshihiro Namura
as Chief Investment Officer
Tokyo, March 8, 2010 – Nomura Asset Management Co. Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced the appointment of Yoshihiro Namura as Chief Investment Officer (CIO), effective April 1, 2010.
In addition, Nomura Asset Management also appointed a CIO of Equities and a CIO of Fixed Income to support the CIO by supervising the investment operations of each asset class. These appointments are also effective April 1, 2010.
Mr. Atsushi Yoshikawa, President and CEO of Nomura Asset Management, said: "Considering the need for consistency and progression in our investment operations, it is an appropriate time to designate Mr. Namura as the new CIO. Given his broad experience in investment and research, I am confident that Mr. Namura will make a major contribution to the firm."
Mr. Takahide Mizuno, current CIO of Nomura Asset Management, stated: "We have established robust investment platforms and processes over a diverse range of products and cultivated a solid investment culture throughout our organization globally over the years. I am convinced that they will be further enhanced under the leadership of the new CIO, Mr. Namura. For now, I will continue to support the new appointees in my new role as an advisor. "
Mr. Atsushi Yoshikawa also said: "Mr. Mizuno has been at the forefront of the expansion of our investment capabilities for over three decades, especially since his appointment as CIO of Nomura Investment Management Co., Ltd. in 1997. I want to thank him sincerely for his enormous contribution to the firm."
Yoshihiro Namura joined Nomura in 1988 and has been involved in the asset management and related businesses for more than 20 years. With deep expertise in managing equity, fixed income, credit, and fund of funds products, he is well versed in a wide variety of investment fields. Following periods as Head of the Fixed Income Investment Dept. and as Head of the Equity Investment Dept. at Nomura Asset Management, he was appointed as Co-Chairman of the Investment Policy Committee in April and as Co-CIO in December 2009.
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Nomura
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.
Nomura Asset Management, a wholly owned subsidiary of Nomura Holdings, is one of the leading Japanese and Asian fund managers with global-based assets under management of 23,156 billion yen (approx. US$ 249 billion) as of December 31, 2009.
