ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Nomura goes global again after decade of Lehman struggles

New CEO is Wharton alumnus and former head of US ops

TOKYO -- Nomura Holdings' decision to tap Kentaro Okuda, the former head of U.S. operations with a Wharton School business degree, as the next president and CEO suggests that Japan's largest brokerage once again will attempt to fight on the global playing field.

The renewed focus on global operations follows a bruising decade after acquiring Lehman Brothers' Europe and Middle East assets in 2008. The acquisition resulted in massive impairment losses and has been a topic of constant bickering from the domestic faction within the company.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more