Nomura Holdings Inc. announced on Wednesday that it has named Sameer Jain as its new Chief Information Officer of Wholesale, effective immediately.
According to a recent press release shared with Finance Magnates, Sameer Jain, a veteran with more than twenty-five years of experience leading global technology teams, has been appointed by Nomura, a global financial services group with an integrated network spanning over 30 countries, to the position of Chief Information Officers of its Wholesale Division in New York.
In the new post, Jain will take on Wholesale IT and Operations at Nomura. He intends to align the delivery of the Wholesale digitalization and data strategy. Additionally, he will work alongside Wholesale leadership, the Digital Office and Nomura's Group Data department. He will report to Jonathan Lewis - CAO, Steve Ashley - NEHS CEO and Head of Wholesale Division, and locally to Yo Akatsuka - President and CEO of Nomura Holding America. Also, he will join as a member of the Wholesale Executive Committee and CAO Division Executive Committee.
Currently, Jain is the Founding Member & Chief Technology Officer of USREM. Located in New York, he has developed the entrepreneurial venture at the intersection of Commercial Real Estate and Capital Markets. Further, he is a Board Member at Startups in Capital Markets, Cybersecurity and Enterprise Software. He has been successfully fulfilling the role in New York since 2019. Additionally, he has been serving as a Limited Partner and Advisor for Seed and Growth Stage Venture Funds.
Taking a Look Back at Sameer’s Career
Prior to Nomura's announcement, Barclays Group benefitted from his services for over thirteen years. Initially, he started as Head of FX & Exotics Technology for Barclays Investment Bank. In 2006, he joined Barclays Capital to build a Trading Platform for Rates, FX & Credit Exotics. After four years, he received a promotion and became Head of FICC Technology. The main responsibilities of the role required managing all technology used by the Interest Rates, FX, Credit and Commodities businesses. Three years later, the Group elevated him to Chief Information Officer. He was in charge of the Technology platforms and projects across the entirety of the Investment Bank. Finally, the culmination of his work led to the role of Chief Technology Officer. In this position, he created a group-wide CTO function across Barclays to drive a commercial technical strategy.
Earlier on, Jain had served UBS as a Director and Global Head of Credit Derivatives Technology at UBS.
Deep Expertise in Wholesale Banking
"We are delighted to welcome Sameer to Nomura. With more than 25 years of experience leading global technology teams, Sameer has deep expertise in wholesale banking and in ensuring that technology architecture is aligned to fully support business requirements," said Jonathan Lewis, Nomura CAO and NEHS CEO.
Steve Ashley, Head of Wholesale Division, added: "Sameer's wealth of experience will be a key asset to Nomura as we continue to deliver best in class products and services to our clients. The banking technology landscape continues to change at a rapid pace, presenting plenty of opportunities for nimble banks to deliver smart client solutions."
