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Nomura Hires Ex-BofA’s Fujiwara as Asia Ex-Japan Equities Head

March 27 (Bloomberg) -- Nomura Holdings Inc. hired Yasuhiro Fujiwara, a former Bank of America Corp. veteran, as head of equities for Asia excluding Japan, according to a memo obtained by Bloomberg News.

Fujiwara will also be head of equity derivatives trading for Asia-Pacific, the memo said. He left Bank of America as co-head of Asia-Pacific global markets in 2011. Rob Stewart, a Hong Kong spokesman at Nomura, confirmed the content of the document.

Japan’s biggest securities firm said in September it is reorganizing the equities division into three segments, with overseas execution services to be wrapped into its independent Instinet unit, the brokerage it acquired in 2006. The Tokyo-based bank last week hired Shaun Bramham as chief executive officer of Instinet’s Asia-Pacific business.

Fujiwara will be based in Hong Kong and will join Nomura’s global markets leadership team as well as the Asia executive management committee, according to the memo. With more than 20 years of experience building global business in Asia, he helped Bank of America’s Merrill Lynch unit establish its equities franchise in the region, Nomura said in the document.

To contact the reporter on this story: Cathy Chan in Hong Kong at kchan14@bloomberg.net

To contact the editor responsible for this story: Chitra Somayaji at csomayaji@bloomberg.net

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