Nomura unveils changes at the top, Kentaro Okuda to become Group CEO

Maria Nikolova

Current CEO Koji Nagai will become Chairman of the Board of Directors effective April 1, 2020.

Nomura Holdings Inc (TYO:8604) has earlier today unveiled some major changes among its top ranks, as current Group CEO Koji Nagai is about to change roles and become Chairman of the Board of Directors, whereas Kentaro Okuda, currently Deputy President and Group Co-COO will become Nomura’s new Group CEO.

The changes are effective April 1, 2020, with Nomura providing no details on the rationale for the Board reshuffle.

Mr Okuda joined Nomura back in April 1987. In April 2006, he assumed the role of Managing Director at Investment Banking Department 4 of Nomura Securities Co., Ltd. Over the next several years, Mr Okuda held a number of important roles at the company, including Managing Director of the Corporate Planning Department, Global Head of M&A of Nomura Securities Co., Ltd., and Executive Vice President of Nomura Securities Co., Ltd.

In April 2017, Mr Okuda became Chief Executive Officer of Nomura Holding America Inc. As of April 2019, he assumed the role of Executive Managing Director, Deputy President and Group Co-COO of Nomura.

Mr Okuda holds BA in Economics from Keio University (Japan) and MBA from The Wharton School, University of Pennsylvania (USA).

Nobuyuki Koga, the current Chairman of the Board of Directors of Nomua Holdings, will become Director, effective April 1, 2020.

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