Nomura Elevates Toru Nakano and Yiqing Cai to New Senior Roles

Japanese global investment giant Nomura has made two senior appointments to its Asian offices, promoting Toru Nakano and Yiqing Cai to new lead roles, according to a company statement.

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Mr. Nakano previously served as the President and Managing Director at Nomura Asset Management Hong Kong Limited. Most recently he held the role of Chief Representative, Nomura Securities Shanghai Representative Office. Per the latest promotion, Mr. Nakano is being elevated to the position of Nomura’s Head of Taiwan.

By extension, Mr. Cai has been active at the group as its representative, Nomura Securities Shanghai Representative Office. The promotion of Mr. Nakano has also coincided with the elevation of Mr. Cai, who will be succeeding him as the Chief Representative in the unit.

The appointment and succession plan will be completed following the requisite regulatory approvals in Taiwan. The moves are the latest announced by Nomura since the addition of prime broking industry veteran Dan McNicholas as the bank’s APAC head of capital introductions last month.