Nomura's equity derivatives head departs

Joachim Willnow, head of equity derivatives at Nomura in London, has left the bank. He has been replaced by Mike Fullalove and Marco Mocquard, who have been promoted to co-heads of the equity derivatives business for the Japanese bank. Fullalove would not comment on Willnow’s departure and it is presently unclear if Willnow is set to move to another bank or not.

Willnow was hired from Merrill Lynch to build Nomura’s equity derivatives business from scratch in September 2004. The move was the talk of the City at the time, not least because Willnow took close to 20 Merrill Lynch equity derivatives specialists with him.

Pior to assuming their posts as co-heads of the business for Nomura Fullalove was head of product development, equity and fund derivatives