2012—Nomura, Asia’s global investment bank, announces September 24 that it has hired Stuart Oakley as Global Head of Asian Non-Deliverable Forwards (NDFs) and Head of FX Cash Trading, Asia ex-Japan.
Based in Singapore, Mr. Oakley will report globally to Jai Rajpal, Global Head of FX, and regionally to Rig Karkhanis, Head of Fixed Income, Asia ex-Japan.
“Stuart is pre-eminent in the Asian NDF space and his appointment highlights Nomura’s continued focus on hiring the best talent for key Asia-specific roles to consolidate the firm’s position as Asia’s global investment bank,” said Rig Karkhanis, commenting on the appointment. “Deepening our local markets FX offering is a fundamental part of our fixed income strategy in Asia,” he added.
Mr. Oakley joins Nomura from RBS where he was Head of Asia Emerging Markets FX Trading, also based in Singapore, prior to which he was a senior trader in EMEA FX at Barclays Capital in London between 2003 and 2010.