Investment bank Nomura Asia’s M&A co-head leaves in leadership rejig

FILE PHOTO- The logo of Nomura Securities is pictured at the company's Otemachi Head Office in Tokyo, Japan, November 18, 2016. REUTERS/Toru Hanai/File Photo

Apoorva Shah, Nomura‘s cohead of mergers and acquisitions (M&A), Asia, excluding Japan, has left the Japanese investment bank following a recent leadership rejig, according to sources with direct knowledge of the matter.

Hong Kong-based Shah, who had been with the bank for over six years, left the role last week, they said but declined to be named as they are not authorised to speak to the media.

His departure comes as Nomura earlier this year reshuffled its Asia M&A leadership, making Pei Shen Chou, whom Shah reported to, the sole head of the team.

Chou joined the bank from UBS in January as a managing director and joint-head of Asia M&A. He took on the new role in April as the other joint-head of Asia M&A Hajime Higuchi became joint head of international M&A, they said.

Higuchi relocated to Singapore in that role in late August.

A Nomura spokesman declined to comment.

Nomura ranked No.6 in the M&A league table of announced deal in the first nine months of this year in Asia including Japan, according to Refinitiv data.

Hong Kong-based Chou will continue to report to Nomura‘s chief of investment banking for Asia, excluding Japan, Kenji Teshima and global head of M&A Shinsuke Tsunoda.

He was UBS’ cohead of all industries group and head of natural resources for Asia before joining Nomura.

Reuters

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.