Nomura announced a significant leadership transition. John Tierney will take over as CEO of Nomura Europe Holdings and Nomura International. The move marks the end of Jonathan Lewis's 10-year tenure as CEO.

Lewis Steps Down

Jonathan Lewis, who has held the CEO position since December 2014, reportedly played a pivotal role in steering Nomura through a turbulent financial landscape. His tenure spanned critical events such as Brexit, the COVID-19 pandemic, and a wave of regulatory changes.

Although stepping down as CEO, Lewis will remain active within the organization, the company mentioned. He will take on non-executive roles and chair several subsidiary boards, including Nomura Financial Products Europe and Instinet Europe.

Commenting about the changes, Kentaro Okuda, Nomura President and Group CEO, said: “Jonathan's leadership has been instrumental in navigating NEHS through significant market changes and regulatory developments. As CEO, he successfully steered the organization through the complexities of Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term, the challenges posed by the COVID-19 pandemic, and the implementation of numerous regulatory reforms.”

The leadership role now passes to John Tierney, who has reportedly been closely involved in Nomura's European operations as Chief Operating Officer of NEHS.

Seasoned Industry Veteran

Tierney is a seasoned veteran with a 26-year career at Nomura. He has a strong track record in both EMEA and Asia ex-Japan regions. His previous roles include serving as CEO of Nomura Bank International and EMEA Chief Financial Officer.

Tierney's promotion comes at a strategic time for Nomura Europe. The region has faced increasing regulatory pressures and market volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term, requiring strong industry expertise.

With Tierney's extensive background in financial management and his close involvement with NEHS's executive committee, the company noted that his appointment signals a continuation of Nomura's long-term strategic vision for European growth.

“John has extensive knowledge of our operations, and his proven leadership makes him an ideal choice to lead NEHS and NIP into their next phase of growth,” added Toshiyasu Iiyama, the Deputy President of Nomura Holdings. As the new CEO, Tierney faces the challenge of navigating the post-Brexit landscape and adapting to ongoing market dynamics in Europe.