Nomura Holdings has named Koji Nagai as its new chair, effective 1 April 2020 as part of several management changes.
Nagai is currently representative executive officer, president and group CEO of Nomura.
He joined Nomura in 1987 and has worked in various roles, including most recently as executive managing director and group co-COO of the company. He was also director and deputy president of Nomura Securities and CEO of Nomura Holding America.
Nagai will replace Nobuyuki Koga, the current chair. Koga will become Nomura’s director as of 1 April 2020.
Meanwhile, Nagai’s current responsibilities will be taken over by Kentaro Okuda, who currently serves as executive officer, deputy president and group co-COO.
Kentaro Okuda is set to become a representative executive officer, president and group CEO, also effective from 1 April 2020.
Nomura operates through five business divisions: retail (in Japan), global markets, investment banking, merchant banking, and asset management.
