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Nomura Taps Goldman Sachs Head of Corporate Access for US Equities Role


News provided by

Nomura Holding, Inc.

Jul 21, 2011, 12:30 ET

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NEW YORK, July 21, 2011 /PRNewswire/ -- Nomura, the global investment bank, announced today that Lori Arndt has joined as Managing Director and Head of US Client Strategy and Corporate Access. 

The addition of a corporate access product in the US enhances the services Nomura provides to its clients, while a dedicated client strategy team will ensure the firm delivers its full capabilities to investor clients.

Prior to joining Nomura, Lori Arndt worked at Goldman Sachs for 14 years, spending seven years in the Investment Banking Division and seven years in the Equity Division, most recently as Head of Corporate Access in the US.  She earned a BA, with honors, from the University of Pennsylvania and graduated first in her MBA class at Columbia University.

Ciaran O'Kelly, Head of Equities, Americas, said "We are excited to expand our client offering to include an invaluable service that drives the investment process for our equity clients.  In combination with our high quality research product and equity sales force, corporate access helps complete our product set in the US and allows our clients to benefit from our global strength."

The US corporate access team complements Nomura's dominant corporate access teams in Japan, Asia and Europe, comprising over 80 professionals. Last year Nomura conducted over 50,000 meetings globally and hosted in excess of 80 conferences with over 600 companies. 

In addition, Nomura organized non-deal road shows for over 1000 companies globally in over 50 cities. In the US, Nomura has posted top 10 market share in options, convertibles and agency programs for the last two quarters, based on client commissions paid, and continues to build its product capabilities, with a current focus on its core cash, electronic and research offerings.

Nomura

Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs approximately 27,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking). Nomura's subsidiaries in the US include Nomura Securities International, Inc. (a member of SIPC) and Nomura Corporate Research and Asset Management Inc. For Further information about Nomura, please visit www.nomura.com

SOURCE Nomura Holding, Inc.

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