Nomura has appointed a new global co-head of the investment bank as the Japanese lender aims to expand the division into the United States and Europe.
Jeff McDermott, who joined Nomura following the acquisition of Greentech Capital Advisors in April last year, has been promoted to global co-head of investment banking for its international business, he said in a communicated.
The appointment is effective Oct. 1, and McDermott will report to Masahiro Goto, global head of investment banking, and Christopher Willcox, CEO and president of Nomura Securities International.
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The role, which is newly created, will give McDermott the mandate to expand Nomura’s investment banking business globally and grow its business in the United States, the bank said. He will be based in New York.
Nomura is also expanding its roster of senior traders in Europe, its head of Europe, Middle East and Africa consulting, Guy Hayward-Cole, said. Financial News in March.
“In this new role, Jeff will lead our strategy to grow Nomura’s investment banking franchise in the United States and grow our global investment banking platform, with a particular focus on megatrends in sustainability and digital,” said Steve Ashley, wholesale division manager at Nomura. .
McDermott was previously founder and president of Nomura Greentech. The Japanese bank acquired Greentech, a boutique focused on sustainable sectors, in April last year. He was previously co-head of global investment banking at UBS.
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