Nomura Strengthens TMT Investment Banking Coverage in Asia
Hong Kong/ Mumbai, September 1, 2010 – Nomura, the global investment bank, today announces the appointment of Sandeep Singh as Managing Director, Head of Telecoms, Media and Technology (TMT) for Asia ex-Japan, and Shubham Majumder as Executive Director, Head of TMT for India.
"Nomura has a proven track record in TMT in the region. The appointments of Sandeep and Shubham provide the team with additional leadership and industry experience, which will help deepen our client coverage in the sector," said Patrick Schmitz-Morkramer, Nomura's Head of Investment Banking, Asia ex-Japan.
Nomura has benefited from the recovery of the equity capital markets volume in TMT in late 2009 led by the Maxis initial public offering of which Nomura acted as joint book-runner. In consecutive weeks of July 2010, Nomura completed the US$491m block sale of Hynix Semiconductor shares and the US$181m block sale of Telekom Malaysia shares. On the M&A side, Nomura acted as lead financial advisor to Aircel on the US$1.8bn sale of its tower business to GTL Infrastructure.
Mr Singh joins Nomura from Citigroup Investment Banking in Hong Kong with over a decade of experience and an excellent reputation in the TMT sector. He has worked on numerous landmark capital markets, leveraged finance and M&A transactions across key markets including China, India, Hong Kong, Korea and South East Asia. Mr Singh is based in Hong Kong and will report to Patrick Schmitz-Morkramer, Head of Asia ex-Japan Investment Banking, and Bertrand Kan, Global Head of TMT.
Mr Majumder joins Nomura with over a decade of experience as a lead analyst on Indian equities focusing on telecom services, media and entertainment, IT services, etc. From 2007 to 2009, he was rated number one telecom analyst in India in the Institutional Investor Magazine research poll. He was most recently Asia Pacific Head of Telecom Research with Macquarie Capital Securities based in India, where he played an instrumental role in establishing the India Telecoms and Media Research team in 2006. Mr Majumder will report to Nipun Goel, head of Investment Banking for India locally, and to Sandeep Singh regionally.
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For further information please contact:
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| Name | Company | Telephone |
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| Anne Lui/ Nandini Goswami | Nomura | +852-2252-6451/ +91 22 40374278 |
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Notes to editors:
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.
