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These are all the new MDs at Nomura

Jenny Zhang made it

Nomura, which as we noted yesterday operates on a cycle entirely of its own when it comes to promotions and bonuses, has just promoted its new class of managing directors. 

In the Asian markets business, Nomura's promotions include: Rina Tan, Vincent Lee (HK structured credit), Ajay Jain (equity structuring), Steven Zhu  and Jenny Zhang (head of China credit sales).

In London, Nomura's markets promotions include Andy Chaytor, a macro desk strat, FX trader Yakeen Mirchandani, rates trader Ryan Okerblom, and Chris Old, the head of e-trading strategy in Nomura's digital office. 

In the US, we spot Jeff Petillo in structured solutions and Henry Holmes (IV) in derivative sales, among others. 

The new promotions come after Nomura has experienced exits before bonuses are paid, which can be a sign that bonuses won't be worth hanging about for. In such circumstances, banks will often promote a larger MD class than usual.

Net income at Nomura's investment bank rose 16% last year, but revenues in the global markets division declined 3%. The bank announced today that it hired 10 traders to build out its macro trading desk under Kevin Connors its  global head of FX & emerging market sales and EMEA head of FX & EM. 

Historically, Nomura had a reputation for paying its MDs unusually high salaries. Speaking on the bank's recent investor call, CFO Takumi Kitamura said the bank acknowledges that compensation is important in attracting "young talent." The H1B visa database suggests that Nomura associates in NYC are on salaries of $170k.

Yohal Akasaki

Zubin Alemo

Benoit Arlettaz

Sooraj Arur

Brian Avery

Danielle Chalkin

Andy Chaytor

Arjit Choudhury 

Leigh Cleasby

Arcelango Correra

Jospeh Dunn

Davide Zur Goldstaub

Andrew Hill

Oliver Holt

Henry Holmes IV

James Incognito

Gregory Ito

Emmanuel Jacono

Ajay Jain

Marc Jeannin

Michael Kampf

Kanishka Kelshikar

Han Chul Keum

Aleksandr Kosoglyadov

Marcel Kus

Steve Lammin

Vivian Law Annan

Vincent Lee 

Jason Leung

Dimitry Lobaskin

Mikael Markman

Carlos Martinez Tellez

Mark McCauley

Yakeen Mirchandani

Roman Muchnik

Ryan Okerblom

Chris Old

Jaroslaw Olszowka

Madhu Panchagnula

Adam Pearson

Jeffrey Petillo

Gustavo Rubio

Angela Skandakumar

Robert Smith 

Paul Stephenson

Sumit Sukhramani

Meghan Sullivan

Jianjian Sun

Rina Tan

Philip Theodoropoulos

Franco Trovo

Ufondo Udeze

James Wadley

Jacob Wagner

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AUTHORSarah Butcher Global Editor

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