Nomura Has Secured Christopher Willcox as Its New CEO and President

Nomura Holdings Inc. announced that it has secured Christopher Willcox as its new CEO and President, effective from 3^rd May 2021.

According to a press release shared with Finance Magnates, Christopher Willcox, who until recently was CEO of JP Morgan Asset Management, has been appointed by Nomura Holdings, the Japanese financial services giant, as its new Co-CEO and President of Nomura Securities International Inc. Additionally, he will be named Senior Managing Director of Nomura Holding America Inc.

Willcox has considerable leadership experience in a variety of executive positions, as well as in-depth expertise on both the buy- and sell-side of the market. He intends to focus on developing the American side of the business to deliver a world-class service to its clients.

Additionally, his experience extends to foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, fixed-income markets and investment banking from across Europe, Asia and North America.

A Great History and Strong Values

Prior to the announcement by Nomura, Willcox served JP Morgan Asset Management as its Chief Executive Officer. He was in charge of roughly $2 trillion in assets under management (AUM) across all asset classes, including public and private markets. Earlier to this role, he led the Global Fixed Income and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term department at JP Morgan Asset Management and Global Head of Rates at JP Morgan’s Investment Bank.

Before his experience at JP Morgan, he fulfilled various executive positions over fifteen years with Citigroup.

Commenting on the appointment Kentaro Okuda, Nomura President and Group CEO, said: “We are excited to welcome Chris to Nomura’s leadership team in the Americas. Chris’ hiring is part of our continued commitment to grow and strengthen our capabilities in the Americas. Chris will play a key role as we continue our strategy of taking Nomura to the next level in delivering sustainable growth while remaining committed to our mission to enrich society through our expertise in the capital markets.”

“I am proud to be joining a firm with a great history and strong values. Having worked with Nomura in various capacities, as a counter-party, as a client of Nomura’s wholesale business and having served Nomura’s Retail and Asset Management divisions as major clients in my previous roles, I have greatly enjoyed the interactions and developed great respect for the firm. Now as a member of the group, my goal is to continue the focus on building our America’s business so as to deliver excellence to our clients globally. The key to this will be attracting and retaining world-class talent,” said Willcox.