Japanese investment bank Nomura has hired forex sales veteran Ian Daniels to join its e-FX sales team in London, according to a report from FX Week posted today.
In Daniels’ own words on his LinkedIn profile, he is strongly skilled in building long-term client relationships. He also has a strong knowledge of all aspects of electronic forex as well as algos and agency clearing.
Daniels has more than a decade worth of experience in forex sales, beginning at NatWest Markets, the investment banking arm of the Royal Bank of Scotland Group.
He joined the bank in January 2008 and worked in the bank’s forex electronic market sales team for Europe, Middle East and Africa (EMEA).
Looking at his LinkedIn, Daniels spent his whole career working for the Royal Bank of Scotland. In April 2012, he was promoted to a director level in the electronic forex sales team.
Then in March 2016, Daniels was again promoted to the head of the e-FX team for EMEA. He held this position until June 2018.
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From June this year, Daniels has been looking for new opportunities, his LinkedIn states. It is not clear why he left the Royal Bank of Scotland.
Before beginning his career in the forex market, Daniels attended Dartford Grammar School between 1986 until 1993.
He then began higher education at Queen Mary University in London. Starting from 1993, he studied European Studies (French) and Management Studies, graduating in 1997 with a 2:1 honours degree.
Ian Daniels is joining a rapidly-changing forex sales team
Daniels is the latest professional to join the Japanese investment bank’s e-FX team. Earlier this year in August, Finance Magnates reported that the firm had hired Ashvin Parkash as its head of e-FX and distribution sales for Asia.
In this role, Parkash will focus on enhancing the firm’s product offering and expanding the client franchise.
Daniels appointment to the firm’s London office is interesting seeing as the Japanese bank let around fifty employees go from its London office in July. This saw several senior traders leave Nomura, most notably the firm’s former Global Head of FX Trading, Nigel Khakoo.