FX people moves: Nomura keeps up year-long hiring spree
Nomura has appointed Bob 'the bear' Janjuah and Kevin Gaynor as co-heads of cross asset allocation strategy, and Geoff Kendrick as G10 FX strategist to the fixed income research EMEA team in London.
RBS announced in July that both Janjuah, their former chief market strategist, and his mate Gaynor, chief markets economist, were leaving the bank.
The two clearly come as pair. The duo will now be jointly responsible to create and market cross asset trading strategies for Nomura’s global priority clients.
Kendrick joins from UBS where he was G10 FX strategist. He will work with the G10 strategy teams in New York, Singapore and Tokyo, headed by Jens Nordvig.
Jim McCormick, head of fixed income research EMEA, says of the new boys: “Nomura has made a major commitment in the past two years to be the best in class provider of cross-market, macro research. In the post-crisis environment, macro factors have re-emerged as a dominant driver of financial markets. With the additions of Bob, Kevin and Geoff I am confident we have among the strongest teams of macro economists and strategists in the industry.”
Although there have been large number of hires for Nomura over the last year, the RBS to Nomura tally has now reached six for the summer alone, including: Michelle Neal, Steve Ashley, Chris Flemming and Peter Larsson.