Monday, 29 September 2008

Nomura Vice-Chairman and CEO Appointed

Nomura has appointed Sadeq Sayeed to the new position of Executive Vice Chairman, Nomura International plc with immediate effect. In addition, Mr. Sayeed will take on the role of Chief Executive of the newly acquired businesses on completion of the European Nomura/Lehman Brothers transaction.

Mr. Sayeed will oversee the activities of all Nomura's newly acquired businesses and will continue to act as the Senior Advisor to Nomura's senior management with responsibility for international strategy.

"My first priority is to get the teams we have acquired back up and running under the Nomura badge as swiftly as possible," said Mr. Sayeed. "The key is to drive our business forward while achieving maximum value for Nomura's shareholders. I am excited about the future and confident that we can achieve extraordinary results."

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