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According to an internal Nomura memo seen by FinanceAsia, Patrick Kwan, Nomura’s head of investment banking, Asia ex-Japan (AEJ), has decided to leave his leadership role at the bank “to pursue other interests.”
According to the internal memo, Kwan, who joined Nomura in January 2022 from Credit Suisse, helped “solidify” the bank’s investment banking franchise in AEJ, positioning it for “the anticipated upturn in activity across the region and for sustained profitability”.
As a result of Kwan’s departure, Jwalant Nanavati,…