Nomura appoints former Barclays tech chief Jain as CIO of wholesale business


Nomura, Asia's global investment bank, has today announced the appointment of Sameer Jain as Chief Information Officer (CIO), Wholesale, based in New York.

Mr. Jain will report to Jonathan Lewis, CAO and NEHS CEO, and Steve Ashley, Head of Wholesale Division. He will also report locally to Yo Akatsuka, President and CEO of Nomura Holding America.

"We are delighted to welcome Sameer to Nomura," said Nomura CAO and NEHS CEO Jonathan Lewis. "With more than 25 years' experience leading global technology teams, Sameer has deep expertise in wholesale banking and in ensuring that technology architecture is aligned to fully support business requirements."

In his new role, Mr. Jain will have responsibility for Wholesale IT and Operations. He will work closely with Wholesale leadership, the Digital Office and Nomura's Group Data department to align the delivery of the Wholesale digitalization and data strategy. Mr. Jain will also join the Wholesale Executive Committee and CAO Division Executive Committee.

Steve Ashley, Head of Wholesale Division, said: "Sameer's wealth of experience will be a key asset to Nomura as we continue to deliver best in class products and services to our clients. The banking technology landscape continues to change at a rapid pace, presenting plenty of opportunities for nimble banks to deliver smart client solutions."

Mr. Jain was previously with Barclays, where he held a number of senior technology roles including, Group Chief Technology Officer, Chief Information Officer and Head of Change and Co-Chief Information Officer for the Investment Bank. Before joining Barclays in 2006, he was Director, Global Head of Credit Derivatives Technology at UBS.