Nomura takes on ex-Lehman staff

Nomura, the Tokyo-based financial services group, has appointed Thomas Siegmund and Jai Rapal as joint heads of fixed income for Asia-Pacific, excluding Japan. They will both report to Zenji Nakamura, head of global fixed income.

Rajpal, who will be based in Singapore, formerly held the position of head of fixed income for Singapore and South-East Asia.

Prior to his new role, Siegmund had worked for Lehman Brothers since 1999, most recently as head of liquid markets for the Asia-Pacific region. He will now be based in Hong Kong.

Nomura also appointed new regional heads for investment banking. Glenn Schiffman, formerly head of investment banking at Lehman in the Asia Pacific region, will take up the same post at Nomura with Toshiyasu Iiyama becoming his co-head. They will both be based in Hong Kong.

Elsewhere, Christian Meissner and William Vereker will become heads of investment banking in Europe, the Middle East and Africa, while Yoshiyuki Numano has been appointed co-head.

Meissner joined Lehman Brothers Europe from Goldman Sachs in 2006, most recently holding the position of co-chief executive officer for Europe and the Middle East.

Vereker was previously co-head of emerging markets investment banking at Lehman Europe, joining from Morgan Stanley in 2005. Numano was formerly a director at Volcano Holdings, which he joined in 2006.

Following Lehman’s filing for Chapter 11 bankruptcy on September 15, Nomura bought up a variety of its businesses. These included Lehman’s Asia-Pacific franchise, as well as its European and Middle Eastern equities and investment banking operations.