Global investment bank, Nomura, announced on January 11 the appointments of new heads of investment banking for the Americas and Asia, ex-Japan.

 

Glenn Schiffman, senior managing director and head of investment banking for Asia, ex-Japan, is named head of investment banking for the Americas, effective February 1 2010, subject to receipt of relevant US licences and regulatory approvals. Tomoko Iino, who previously led investment banking for the Americas, will become a co-head for investment banking for the same region.

 

Succeeding Schiffman in Asia to continue Nomura’s business momentum in this part of the world are Colin Banfield and Patrick Schmitz-Morkramer, who will become joint heads of investment banking.

 

Nomura has experienced rapid growth in the Americas in the past 12 months, particularly in fixed income and equities, having increased its head count by more than 50% to serve its rapidly growing global and North American client base.

 

Schiffman was previously head of investment banking for Asia-Pacific at Lehman Brothers before it was acquired by Nomura. As a member of the Asia executive committee, he helped to manage the sale of Lehman’s Asian business to Nomura in September 2008. He started working at Lehman in 1991 during which he held many senior leadership roles, culminating in his appointment as the global head of the media group in New York.

 

Before his new appointment, Banfield was the head of mergers and acquisitions (M&A) for Asia-Pacific. He has nearly 19 years of advisory and capital markets investment banking experience and has been working in Asia since late 1995. He was previously head of the M&A business at Lehman before Nomura’s acquisition and before that, he held a similar role at Credit Suisse.