Nomura hires Korea head from Goldman

Japanese bank Nomura has appointed DK Shin as head of global markets for Korea, a newly created position that gives him responsibility for business expansion in the Korean market.

Based in Hong Kong, Shin will report to Kenji Tsuge, Asia-Pacific head of fixed income, and to Tomoyuki Teraguchi, head of Asia equity.

Shin joins Nomura from Goldman Sachs in Hong Kong, where he was head of the Korea investment banking division/financing group for more than two years. Before that, he was head of capital markets for Korea at Deutsche Bank, where he worked for 24 years.

Yuji Nakata, head of Asia region products and chief operating officer of Nomura Asia Holding, said: “To further develop Nomura’s Asian franchise, we are expediting cross-product/business solutions for our clients. DK will play a leading role to bind all the functions together and to accelerate development in Korea.”