Nomura Appoints New CEO in Saudi Arabia

Riyadh, KSA; October 23, 2010 – Nomura, the global investment bank, today announces the appointment of Khaled AlKhattaf as Chief Executive Officer for Saudi Arabia. Mr. AlKhattaf will be responsible for developing Nomura's business in the Kingdom, including investment banking, capital markets and wealth management. He joins Nomura from the Tadawul, the Saudi Arabia Stock Exchange, where he served as the Chief Financial Officer.

Philip Lynch, Chief Executive Officer of Asia ex-Japan and Middle East at Nomura, said: "Khaled is an outstanding addition to our senior management team. As a professional who has worked in important Saudi organisations such as the Tadawul and Saudi Arabia Monetary Agency (SAMA) for over 20 years, he brings knowledge and experience of the Saudi Arabian market and an extensive network. Under Khaled's leadership, we look forward to further developing our Saudi business."

Mr. AlKhattaf, Chief Executive Officer, Nomura Saudi Arabia, said: "I am proud to be joining such an established global player that is building its presence in the Kingdom. I see significant opportunity for Nomura in Saudi Arabia due to its highly differentiated offering and unparalleled access to Asian and global markets."

Before joining the Tadawul, Mr. AlKhattaf worked at SAMA as Assistant Director, Investment Management Department, where he ran investment portfolios and was part of the Monetary Policy Committee. He was with SAMA for nearly 20 years, working across different divisions, including serving on the G20 team representing Saudi Arabia as well as representing Saudi Arabia in the drafting of the Santiago Principles (2008) on Sovereign Wealth Fund activities. Prior to joining SAMA, Mr. AlKhattaf worked at the World Bank where he held various treasury and investment roles.

Nomura received its commencement letter to launch its operations for Saudi Arabia in July 2009, allowing it to offer corporate finance and wealth management services for its clients and deal as an agent for overseas securities. In April 2010, it formally opened its first offices in Riyadh, becoming the first Asian investment bank to provide investment banking services in the Kingdom.

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For further information please contact:

Name	Region	Telephone
Beth Brophy	Nomura	+44 20 7102 9756
Rupert Young / Jade Mamarbachi	Brunswick Gulf Ltd	+971 4 365 8260

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 27,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, wholesale (global markets, investment banking, and other wholesale), and asset management. For further information about Nomura, please visit www.nomura.com.

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