Nomura has reshuffled its structured products business, appointing John Goff as its newest Head of Global Markets, according to a recent report from FinanceAsia.
In his new role as the Head of Global Markets at Nomura, Mr. Goff will be reporting to Matt Reader, the group’s Head of Fixed Income Structured Products. The promotion comes after a successful three-year tenure at the Japanese securities house, in which Mr. Goff had overseen and managed the development of Nomura’s structured products platform.
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Mr. Goff has previously served as the Head of Structured Products for Asia ex-Japan, where he was based out of Hong Kong. Prior to this role, he also worked as Nomura’s Head of Fixed Income Structured Practice out of Singapore.
In addition to Mr. Goff’s promotion, Nomura has also revealed that it has appointed Matt Mirfield to handle the bank’s Fixed Income Structured Products, augmenting his current role as Business Manager for Global Markets Structuring.
During Q2, Nomura became the latest mid-tier investment bank to abandon an integral part of its derivatives services for customers in Europe and the US. The bank underwent the strategic decision due to lags of incoming regulations in both regions. The change also reflects the small market share of Nomura outside of Japan.