Nomura appoints Ravi Raju as Head of International Wealth Management

Maria Nikolova

In this newly created role, Mr. Raju will be responsible for expanding Nomura’s Wealth Management business in Asia ex-Japan.

Nomura, Asia’s major investment bank, today announced the appointment of Ravi Raju as Head of International Wealth Management, based in Singapore.

In this newly created role, Mr Raju will be responsible for expanding Nomura’s Wealth Management business in Asia ex-Japan as the firm taps into the growing ranks of wealthy individuals in the region. He will work closely with the firm’s Global Markets and Investment Banking businesses to develop best-in-class product offerings and drive a unified solutions-led coverage effort, especially for entrepreneurs, family offices and external asset managers.

From April 2020, Nomura’s Wealth Management business in Asia ex-Japan has been aligned under the firm’s Wholesale division.

Mr Raju will report to Rig Karkhanis, Deputy Head of Global Markets and Head of Global Markets, Asia ex-Japan, with an additional reporting line into Steve Ashley, Head of Wholesale.

Mr Raju has nearly three decades of experience in financial markets. Until recently, he was Head of Ultra High Net Worth and Global Family Office in Asia Pacific at UBS. Prior to that, he was with Deutsche Bank for ten years based in Singapore and Hong Kong as Head of Wealth Management, Asia Pacific, leading its growth into a top private bank in the region. At Deutsche, he had additional responsibility for its Asset Management division in Asia Pacific for three years.

Mr Raju started his career with Citibank where he held several senior roles in Asia Pacific and the Middle East.

Read this next

Metaverse Gaming NFT

Despite crypto winter, Fastex grabs $23.2 million in Fasttoken token sale

Fasttoken, part of the Fastex web3 ecosystem, has secured $23.2 million in financing through the private and public token sales of its native cryptocurrency Fasttoken (FTN).

Digital Assets

Iran to repay Russian debts in gold-backed stablecoins

A high-ranking member of the Russian parliament confirmed reports that his country was in talks with Iran to create a stablecoin for foreign trade settlements, to replace the dollar, ruble and Iranian rial.

Digital Assets

SEC denies Cathie Wood’s bitcoin ETF for second time

The approval of a regulated crypto derivative is still looking far less likely, as the US regulators have once again denied Cathie Wood’s application for a long-awaited spot bitcoin exchange-traded fund (ETF).

Executive Moves

Pavel Spirin promoted to Scope Markets CEO following Rostro acquisition

Belize-based FX and CFDs brokerage Scope Markets has promoted Pavel Spirin to take on an expanded role as the company’s chief executive officer. He replaces the outgoing CEO Jacob Plattner, who has also been a major shareholder since he resigned his position as managing director at GKFX.

Retail FX

Public.com goes all-in on alternative investing, launches Rare Sneaker Portfolio

“The concept of curated Portfolios means that our members will be able to invest in categories like art, trading cards, royalties, and real estate without needing to become subject matter experts on individual assets.”

Industry News

State Street taps AWS and Microsoft for cloud and infrastructure solutions

“By standardizing and simplifying our technology operating model, we will be able to more quickly deploy client environments and launch new products and services, while continuing to enhance the resiliency of our technology environment and our business operations.”

Institutional FX

Bitpanda launches Investment-as-a-Service business for banks, fintechs, online platforms

“Financial institutions today have to ask themselves how they aim to cater the increasing demand for modern investing solutions. Building these Individually, means a high startup cost, and products that are often outdated before they are even launched.”

Institutional FX

Options expands market data feeds after partnership with Tools for Brokers

“Our integration with ACTIV Financial marked the beginning of a new era in market data availability and infrastructure. Our teams have come together to provide unparalleled, fully managed market data services alongside Options’ global connectivity and infrastructure.”

Industry News

Recruitment in financial services sector buoyant despite planned mass layoffs

“It remains to be seen what impact this will have on hiring levels within the financial services arena this quarter”, said APSCo, regarding the expected mass layoffs within the financial services sector in England & Wales. 

<