People Moves - Nomura Holdings hires Junko Nakagawa CEO
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Nomura Holdings Inc. announced that it will appointJunko Nakagawa, executive managing director of Nomura Asset Management Co., as its next CEO of the subsidiary.
Ms. Nakagawa, 53, will be the first woman to lead its $458bn asset management business. Nomura Asset Management.
In a country where very few women occupy "C-level" offices, Nakagawa, has continued to shatter glass ceilings. She was promoted to CFO in 2011 becoming the first woman to hold the post in Nomura Holdings' 86-year history. She was also named the first and only female executive managing director on the board, on which she serves.
Her appointment is a further demonstration of efforts to address Japan’s corporate culture in which men have dominated executive roles.
Ms. Nakagawa began her career at Nomura Securities, the securities brokerage arm of Nomura Holdings, in 1988, working at its investment banking and finance division.
She left in 2004 and rejoined Nomura Group in 2008 as president of its healthcare arm, Nomura Healthcare Co. She became executive managing director of Nomura AM in 2017.
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