Bank of America Said to Hire Chamberlain as Australia M&A Head

Bank of America Corp. hired Grant Chamberlain from Nomura Holdings Inc. (8604) as head of mergers and acquisitions for Australia, according to two people familiar with the matter.

Chamberlain, based in Sydney, will report to Kevin Skelton, head of investment banking in Australia, and Stephen Gore, head of M&A for Asia-Pacific outside of Japan, the people said, asking not to be identified because the details are private. He resigned today as Nomura’s head of mergers and acquisitions in Australia, the people said.

Chamberlain joined Nomura in June 2010 from Deutsche Bank AG. He declined to comment on his new appointment when contacted by telephone today. Michelle Sprod, a Sydney-based spokeswoman for Nomura, also declined to comment.

The Japanese lender ranked 12th among arrangers of takeovers involving Australian companies in 2012, according to data compiled by Bloomberg. The bank advised on four deals worth a combined $4 billion, out of a total of $86 billion, the data show. In 2011, Nomura placed 35th and in 2010 the bank was 33rd.

Nomura’s head of investment banking in Australia, Ian Maxton, said in May 2010 that he planned to vault Nomura to among the top seven investment banks in the country in three years, and eventually to the top five. Maxton and Chamberlain were formerly colleagues at Deutsche Bank.

Bank of America Corp. (BAC) also operates under the name Bank of America Merrill Lynch.

To contact the reporter on this story: Paulina Duran in Sydney at pduran10@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net

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