Nomura's Deputy Wealth Head for Asia ex-Japan Said to Have Left

Amanda Chen, Nomura Holdings Inc.’s deputy head of wealth management for Asia ex-Japan, has left the firm, according to people with knowledge of the matter.

Chen, based in Singapore, left on Friday, according to the people, who declined to be identified because the information is confidential. She joined Nomura in January 2015 after more than a decade at Morgan Stanley. 

The Japanese firm declined to comment in an e-mail.

While Chen’s position won’t be replaced, there is a reshuffling of positions within the wealth business for the Asia ex-Japan region following her departure, two of the people said.

The division’s Chief Investment Officer Johnny Heng, based in Singapore, takes on a new role as head of relationship management, they said. Chief Financial Officer Shinichi Tamai assumes an additional role of chief of staff for wealth in Asia ex-Japan, one person said. Both will report to Nobuhiro Sano, head of wealth management for Asia ex-Japan, the person said.

Replacing Heng as joint chief investment officers for the business are Vincent Ng, who’s based in Hong Kong, and Tong Yew Sng in Singapore, the person said.

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