Nomura to Establish Permanent African Presence

Ben Lowther, Nomura

Ben Lowther, Nomura

Tokyo headquartered Nomura has appointed two specialists to lead its newly-established branch office and team in South Africa.

The establishment of Nomura International South Africa from 4 April 2016 will enhance the Japanese lenders ability to provide local and international clients with investment banking services in South Africa, as well as provide Nomura with a platform for expansion into and across sub-Saharan Africa.

Jan Newman has been appointed Head of Nomura South Africa and Head of Investment Banking, South Africa. Ben Lowther has been appointed Co-Head of Investment Banking in South Africa.

Global Network

The new business, Nomura South Africa, which will be based in Cape Town and will focus on providing a relevant and tailored range of investment banking and risk solution services to current and new clients in the region. The team will combine its strong local knowledge and execution capabilities with access to Nomura’s global network across multiple industries and geographies, including its highly active consumer/retail, industrial and natural resources sector teams.

«South Africa is a key economic hub on the African continent and global investors and corporates are increasing investment in the region. The establishment of Nomura South Africa will expand our global footprint and in-country capabilities in investment banking,» said Jonathan Lewis, Nomura Head of EMEA.

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