Rothschild & Co has appointed a new executive for its global advisory business in Japan.

Yuichi Akai, the former executive of Daiwa Group, has joined Rothschild & Co as vice chair of the Japan entity. According to an announcement, Akai will help grow the firm’s Japanese team and develop the business to accelerate its strategic ambitions in Asia.

He will work closely with Keiichi Mitake, Rothschild’s chairman of Japan, and Jerome Finck, head of Japan.

«With his 40 years of experience in the investment banking sector, deep knowledge of the Asian financial market, and leadership experience, Akai will bring value to the firms and clients,» said Robert Leitão, managing partner, Rothschild & Co and head of global advisory.