Nomura Singapore, one of the leading names in Asia’s financial services industry, announced today that the company has appointed Tan Tee How as the Chairman of its Board of Directors. Moreover, Nomura Singapore has picked How as the Chairman of the Audit Committee of Nomura Asia Pacific Holdings.
The recent announcement from Nomura Singapore came after Michael Lim stepped down from both positions. According to the details shared by Nomura Singapore, How was appointed as a Director on the Board of the company in April 2022. In his new position, he will play an important role in Nomura Singapore’s expansion.
“After 17 years at Nomura, Michael expressed his intention to step down. We are very grateful to him for all the years he’s spent supervising and being a member of boards and committees of Nomura Group companies. We are going to miss his sharp intellect, institutional knowledge and all the brilliant advice and counsel we received from him over the years. We wish him a happy retirement and all the best for the future,” said Kenji Teshima, the Representative Director of Nomura Asia Pacific Holdings.
In April 2022, Nomura announced the appointment of Robert Stark as its new Head of Investment Management in the Americas. In September last year, the financial services giant named Jeff McDermott as the Global Co-Head of Investment Banking.
Experience
Until 2018, the newly appointed Chairman of Nomura Singapore’s Board of Directors served for more than three decades in the civil services of Singapore, including his role as the Commissioner and the Chief Executive Officer at the Inland Revenue Authority of Singapore.
“Tee How has already started making significant contributions to the oversight of Nomura’s business in Asia, and I want to congratulate him on the new responsibilities he’s taken on. His decades of experience in the Singapore civil service and the private sector will be crucial as he expands his supervisory roles,” Teshima added.