Okuda to Become Nomura CEO in April

Society

Tokyo, Dec. 2 (Jiji Press)--Nomura Holdings Inc. <8604> said Monday that Kentaro Okuda, deputy president and group co-chief operating officer at the Japanese brokerage firm, will become its president and group chief executive officer on April 1.

Okuda, 56, will succeed Koji Nagai, 60, who will assume the post of chairman. Incumbent Chairman Nobuyuki Koga, 69, is set to step down on March 31.

After joining Nomura Securities Co., currently a Nomura Holdings unit, in 1987, Okuda long engaged in investment banking operations such as corporate acquisitions. He is also well-versed in international operations as he once worked in New York as CEO of Nomura Holdings America Inc.

In April 2018, he became Nomura Holdings group co-COO.

Nagai became group CEO in August 2012 after his predecessor resigned over an information-leak scandal at Nomura Securities.

[Copyright The Jiji Press, Ltd.]

Jiji Press