Nomura has appointed Deutsche Bank's David Leigh as Co-Head of FX & Emerging Markets

Japanese investment bank Nomura has appointed Deutsche Bank's David Leigh as Co-Head of FX & Emerging Markets, signalling a continued push to strengthen its foreign exchange operations amid heightened market volatility. Leigh left Deutsche in June this year after being with the bank for almost 20 years.

Leigh, who will be based in London, joins from Deutsche Bank where he served as EMEA Head of FX and led the bank's Global FX Spot, Precious Metals and Electronic Trading businesses. He will partner with existing Co-Head Nagaraj Pangal to jointly lead Nomura's FX & Emerging Markets business globally.

Rig Karkhanis, Head of Global Markets at Nomura, to whom Leigh will be reporting globally, said, "David's appointment comes at an exciting time for our FX & Emerging Markets business," said Karkhanis. "With our strong existing team, the growth and diversification of our client franchise, and the recent increases in market volatility, we are confident in the continued success of our FX & Emerging Markets business globally." Leigh will also report locally to Nat Tyce, Head of Global Markets, EMEA.