Citi Taps Veteran to Lead Japan ECM
US lender Citi announces strategic leadership move as competition for capital markets talent intensifies.
Citi has appointed Yuko Nakayama as head of ECM for Japan Investment Banking, a move positioned to strengthen the bank’s presence in one of Asia’s most active equity issuance markets.
Effective immediately, the appointment announced on Monday underscores Citi’s efforts to capture accelerating deal flow and deepen client engagement amid rising global investor interest in Japan.
Full Japan ECM Report to Her
In her new role, Nakayama will report directly to Taiji Nagasaka and Akira Kiyota, with matrix reporting lines to Harish Raman and Kenneth Chow. The full Japan ECM team will report to her.
Citi stated that she will be responsible for leading and further developing its Equity Capital Markets franchise in Japan, with a mandate to enhance execution capabilities and broaden coverage for both domestic and multinational clients.
Proven Track Record in Japanese Capital Markets
Nakayama has a long-standing experience. Her career includes an earlier tenure at Citi from 2009 to 2015, followed by several years at Goldman Sachs, before she rejoined Citi in 2023.
Since her return, she has been involved in securing and executing several significant ECM transactions, reinforcing her suitability for the expanded leadership role.
Strengthening Position in a Growing Market
Japan’s equity markets have seen increased momentum as corporate governance reforms, rising valuations, and an improving macroeconomic backdrop attract international capital.
Citi’s decision to elevate Nakayama signals its intent to capitalize on these trends, positioning its ECM business for sustained growth and heightened competitiveness.
