Nomura Shuffles FX, EM Trading Bosses After Latest Co-Head Exit
Nomura Holdings Inc. is shuffling the top leaders within its currencies and emerging markets trading business following the departure of the unit's co-head Nagaraj Pangal, the second boss to exit the division in just nine months.
Pangal had been helping lead the business since 2023 alongside Kevin Connors, who left in September. David Leigh, who recently joined the Japanese bank from Deutsche Bank AG to replace Connors, will continue to head the business, according to a memo to staff seen by Bloomberg News.
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