Nomura strengthens global risk methodology team with the hire of Eduardo Epperlein
London, June 10, 2010 – Nomura, the global investment bank, today announces the appointment of Eduardo Epperlein as Global Head of Risk Methodology. Based in London, Epperlein will be responsible for market and counterparty risk and their implications for regulatory and economic risk capital, including developing the company's risk modelling infrastructure.
Epperlein joins from Citigroup where he spent 16 years, most recently leading a global team of 75 to implement a new market risk capital framework. He is a regular contributor to regulatory meetings and has chaired several industry groups on Basel II. He reports to Global Head of Market Risk and Quantitative Risk, Patrick Howard.
David Benson, Global Head of Risk, said: "Economic capital modelling is fundamental to the effective management of our business, to the allocation of capital and measurement of performance. Eduardo is a key appointment and reflects the importance we place on the development of a robust economic capital framework. Eduardo's expertise and high standing in the regulatory community provides us with an opportunity to transform our business, and adds significant depth to our leadership bench."
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For further information please contact:
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Redzi Mangwana |
Nomura International plc |
+44 (0) 207 102 1524 |
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Nomura
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, wholesale (global markets, investment banking and other wholesale), and asset management. For further information about Nomura, please visit www.nomura.com.