Nomura Changes in Global Markets

Nomura has announced a raft of management changes, amongst which is the appointment of a new head for its Global Markets business unit.

Rig Karkhanis has been named head of Global Markets and will move to London from his current role as head of the Asia unit (ex-Japan). Karkhanis is also global head of FX and emerging markets at the bank. He replaces Yutaka Nakajima, who has been named deputy president and representative executive officer of Nomura.

Karkhanis has been at Nomura for almost 13 years, having joined in Singapore as head of fixed income and head of macro for Asia ex-Japan. Prior to that he spent a brief period as a portfolio manager at Millennium Capital, having joined the hedge fund from Merrill Lynch, where he worked for almost four years as Asia Pacific head of Rates and currencies sales and trading.

Prior to that Karkhanis spent almost a decade at Deutsche Bank, most latterly he was head of FX options for the Pacific Rim.

John Goff remains head of Global Markets for EMEA at the bank, while Tetsuya Hiraoka continues as head of the business in Japan.