NOMURA News Release

Nomura Hires Steve Kilcullen as Head of Flow Derivatives Sales

New York, September 26, 2011 – Nomura, the global investment bank, announces today that it has hired Steve Kilcullen as Head of Flow Derivatives Sales, where he will expand the firm's leading equity options business as a producer and manager.

Kilcullen will focus on developing the desk's trading with convertible arbitrage and special situation clients, and enhance Nomura's delivery of cross-asset trading solutions for customers.

Ciaran O'Kelly, Head of Equities Americas, said, "Steve is well known to the market for his alphagenerating ideas and strong work ethic on behalf of clients, and we especially look forward to offering our customers greater expertise and investment strategies across the capital structure. He will provide intensity and leadership on the derivatives desk and across the floor, as well as develop our arbitrage franchise."

Kilcullen joins from UBS Securities, where he was most recently Head of Hedge Fund Flow Derivative Sales. Before joining UBS, from 2004 to 2006, he was a buy side trader of credit and equity derivatives, fixed income, risk arbitrage and capital structure arbitrage at Wachovia. He began his career at SBC O'Connor in 1997 as a trader of convertibles and equity options.

Prior to his career on Wall Street, Kilcullen was an infantry officer in the United States Army from 1994 to 1997, where he was Airborne and Ranger qualified. He also served as a Captain in the Army National Guard from 1997 to 2004. He graduated from Vanderbilt University with a bachelor's degree in Economics in 1993.

Samir Patel, Head of US Execution Sales, added, "We are tremendously excited to have Steve lead our flow derivatives sales effort, and look forward to a significant expansion of our client base and market share under his guidance."


For further information please contact:

Name Company Telephone
Jonathan Hodgkinson Nomura +1 212 667 1484


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, asset management, and wholesale (global markets and investment banking). Nomura's subsidiaries in the US include Nomura Securities International, Inc. (a member of SIPC) and Nomura Corporate Research and Asset Management Inc. For Further information about Nomura, please visit