Nomura names Rudolf Hitsch North Asia head of wealth administration By Reuters

© Reuters. FILE PHOTO: A emblem of Nomura Holdings is pictured in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai

HONG KONG (Reuters) – Japanese funding financial institution Nomura Holdings (NYSE:) Inc on Monday stated it has appointed Dr. Rudolf Hitsch as head of North Asia for its worldwide wealth administration enterprise.

Hitsch, former head of North Asia at Citi Personal Financial institution, will likely be based mostly in Hong Kong and run consumer relationship administration groups protecting North Asia within the newly created submit. He’ll report back to Ravi Raju, head of the wealth unit, Nomura stated.

Nomura has employed round 50 non-public bankers for the unit over the previous two-and-a-half years because it focuses on its core markets of Higher China, South and Southeast Asia, and the Center East, it stated.

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