Singapore, October 13, 2023 - Nomura, Asia's global investment bank, today announced that Anurag Mahesh will join its International Wealth Management business later this year, subject to regulatory clearance.

In a newly created role, Mr. Mahesh will be based in Singapore and responsible for International Wealth Management's client relationship management teams covering Southeast Asia, Global South Asia and the Middle East. He will report to Ravi Raju, Nomura's Head of International Wealth Management.

"We have made tremendous progress over the past three years in building our wealth management platform, more than doubling assets under management. To have someone of Anurag's caliber and experience join us will enhance our growing presence and capabilities, and demonstrates that we continue to attract top talent. Anurag's three decades of wealth management and investment product experience will help us deliver exceptional value to our high-net-worth clients," said Mr. Raju.

Nomura has hired 23 new private bankers so far this year, including four managing directors. A total of around 70 private bankers have joined over the past three years.

Mr. Mahesh was most recently vice-chairman of wealth management in Asia Pacific for Deutsche Bank. Previously, he was UBS's co-head of global family offices, Asia Pacific, and in an earlier stint at Deutsche Bank, its global head of key client partners. Mr. Mahesh's early career saw him spend 13 years at Citibank in various roles across Asia.

He holds a bachelor's degree in mechanical engineering from Indian Institute of Technology, Mumbai, and an MBA from Indian Institute of Management, Ahmedabad. He is also a CFA charter holder.