Singapore, June 26, 2025—Nomura Asset Management Co., Ltd., the core company within the Investment Management Division of Nomura Holdings, Inc., today announced the appointment of Terence Lam as Head of Distribution, Asia ex-Japan.

Mr. Lam will be based in Singapore and report to Kenichi Suzuki, Senior Managing Director, Head of Global Business Unit at Nomura Asset Management.

In this newly created role, Mr. Lam will lead the firm's funds distribution strategy across Asia ex-Japan – enhancing the firm's client base through targeted outreach, providing tailored solutions to meet clients' unique investment objectives, and overseeing coverage of institutional and intermediary channels.

"Terence brings extensive experience in the asset management industry. With a strong track record covering institutional and wholesale clients, his appointment reflects our commitment to accelerate growth and deliver exceptional outcomes for clients across Asia," said Mr. Suzuki.

Mr. Lam has more than 25 years of experience in the asset management industry. He was most recently a Managing Director and Head of Client Group Core APAC at AXA Investment Managers Asia in Hong Kong. Prior to that, he also held several leadership roles across BNP Paribas Investment Partners, Franklin Templeton Investments Asia, Deutsche Asset Management and Credit Agricole Asset Management.

"I am excited to join Nomura Asset Management, a very well-known firm with a strong Asian heritage and clear ambitions across the region. Leveraging Nomura's international brand and its extensive network in Asia, I look forward to leading the firm's distribution strategy to grow the business and deliver client objectives," said Mr. Lam.