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Stock impact report

Nomura Hires Treasury Official Scholar to Chair EMEA Operations [BNN Bloomberg (Canada)]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: BNN Bloomberg
Scholar will join the Japanese bank on Friday, according to a press release. He will succeed David Godfrey as non-executive chair of Nomura Europe Holdings Plc, Nomura International Plc and Nomura Bank International Plc in April. “We will no doubt benefit from his extensive knowledge and understanding of the financial sector,” Nomura Chief Executive Officer Kentaro Okuda said. Scholar is the latest political figure to arrive in the City of London, which has long prized ties with Westminster. Former Chancellor of the Exchequer George Osborne is a partner at takeover advisory boutique Robey Warshaw, while Mark Sedwill, the former head of Britain's civil service, is a senior adviser to Rothschild & Co. Scholar — who served for six years as permanent secretary at Britain's finance department — was fired in September 2022 by then-Prime Minister Liz Truss and Kwarteng, as they sought to sweep away what they called Treasury “orthodoxy” and shake up economic thinking in government. U Show less Read more
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