Nomura revamps legal function as wholesale legal chief quits

Nomura has restructured its global legal team in the wake of the departure of its wholesale legal head.

General counsel for wholesale legal David Graham left the bank in September. Following news of his departure, chief legal officer Noriaki Nagai announced plans to relocate Yasushi Takayama, who headed group legal and Japan transactions legal teams in Tokyo, to New York, in a bid to strengthen the US legal team.

In Tokyo, executive officer Yoshifumi Kishida will replace Takayama as group legal head as well as continuing to head the Japan corporate legal team. Japan transaction legal will now be headed by executive director Toshihiko Matsuura. Both Kishida and Matsuura will report to Nagai.

Graham joined Numura in 2011 from UBS, where he was global co-general counsel. Graham is a former Freshfields Bruckhaus Deringer corporate partner and also spent time at Morgan Stanley as Asia-Pacific general counsel.