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JAPAN’S NOMURA HOLDINGS APPOINTS TOM SCHOLAR AS NON-EXECUTIVE CHAIR OF EUROPEAN DIVISION

On December 1, Japan’s Nomura Holdings announced the appointment of Tom Scholar, former UK treasury official, as the non-executive chair of its European division. Scholar will take over the role from David Godfrey as the chair of Nomura Holdings plc (NEHS), Nomura International plc (NIP), and Nomura Bank International plc (NBI) starting on April 10, 2024. Godfrey, who has been with the investment bank for nine years, will step down from the boards of NEHS, NIP, and NBI.

The CEO of Nomura, Kentaro Okuda, expressed confidence in Scholar, stating, “He has had a long and distinguished career in the British Civil Service and Nomura will no doubt benefit from his extensive knowledge and understanding of the financial sector.” Scholar’s experience as the UK finance ministry’s top civil servant positions him well to contribute to the success of Nomura Holdings.

With the increasing complexity of legal and financial regulatory requirements in the financial sector, Nomura Holdings can benefit from the use of the AI legalese decoder. This tool can help in decoding and understanding legal documents, contracts, and regulations, ensuring compliance and minimizing the risk of legal issues. By leveraging AI technology, Nomura Holdings can streamline its legal processes and enhance its understanding of the ever-changing legal landscape, ultimately contributing to the company’s success.

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