Nomura has named Hemish Shah head of EMEA flow rates in a bid to strengthen its franchise, with the role effective immediately.
Richard Volpe
In the role, he will focus on “driving the growth and development of Nomura’s EMEA flow rates business, working closely with clients to provide value-added content and consistent liquidity provision”.
Shah has 15 years of industry experience and was most recently head of EGBs, bond derivatives and euro inflation trading at Deutsche Bank.
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His expertise includes a proven track record of developing trading and risk management strategies. In this new role, he will report to both Richard Volpe, global head of rates, and Nat Tyce, head of global markets EMEA.
“His extensive knowledge of EMEA rates products and clients, combined with his experience in developing trading and risk management strategies, will help us meet our strategic goals and further strengthen our franchise in the region,” said Volpe.
Shah’s appointment follows that of Mouloud Ameni as head of flow credit for Central and Eastern Europe, Middle East and Africa (CEEMEA), in January.
Ameni was also added to the global flow credit leadership council upon his appointment, reporting to Eric Pang, global head of flow credit, as well as Tyce.
Prior to that, Ruchir Sharma, was named global head of foreign exchange option trading in November, having served at Deutsche Bank as co-head of APAC global foreign exchange.