November 1, 2021—Nomura today announced the appointment of Vijay Sundaram as Managing Director, Global Head of Wholesale Front Office Risk and Control, effective immediately.

Based in New York, Mr Sundaram will report globally to Yutaka Nakajima, Head of Global Markets, and Masahiro Goto, Global Head of Investment Banking, and locally to Chris Willcox, CEO and President of Nomura Securities International.

In this newly created position, Mr Sundaram will be responsible for strengthening Nomura’s first line of defence and globalizing front office risk capabilities across financial and non-financial risks. He will also work to enhance Nomura’s front office risk governance and practices across Global Markets and Investment Banking.

Yutaka Nakajima, Head of Global Markets, said: “Vijay has deep expertise in wholesale banking and in leading highly effective risk management teams and practices. We are delighted to welcome him to Nomura.”

In a career spanning nearly 30 years, Mr Sundaram has worked in a number of senior risk management roles, including 17 years at UBS, where he was Chief Risk Officer and Global Treasurer, and more recently at Jefferies where he was Front Office Chief Risk Officer for Equities.