Nomura formed a new investment banking group to bolster its ESG, sustainable technology and infrastructure efforts.
The group, Global Greentech Industrials and Infrastructure, is being formed by combining the Nomura Greentech arm in the U.S. and Zurich with Nomura’s energy, infrastructure and industrials teams in Asia and Europe, Middle East and Africa, according to an internal memo reviewed by Bloomberg News.
“ESG and sustainability are themes impacting many of our core industries, and clients need expert global advice to seize growth opportunities and manage amidst increasing climate and environmental risks,” Nomura’s global head of investment banking Masahiro Goto and global co-head of investment banking Jeff McDermott wrote in the memo to staff on Wednesday.
GII will be led PJ Deschenes, Duncan Williams and Damien Sauer, according to the memo. They will work closely with regional leaders including Andrew Horn in the Americas. The EMEA, Asia ex-Japan and Japan operations will be led by Alex Wotton, Anoop Chaudhry and Daisuke Miyazaki, respectively.
Separately, Enrico Zini will relocate from Zurich to Singapore and Sandeep Sandhu will move from San Francisco to Singapore to be the first Nomura Greentech bankers in Asia ex-Japan.
Altogether, GII will have about 150 bankers for renewable energy, sustainable materials, agtech, advanced transportation, energy information technology, water technology, environmental services and technologies, and digital infrastructure, the memo shows.
A Nomura spokesman confirmed the memo. Nomura acquired Greentech Capital Advisors in 2020.
Source: Nomura Holdings