Japanese banking giant Nomura has appointed Jim Leng as new non-executive chairman of Nomura Europe.

Prior to joining Nomura, Leng served as director and chairman of HSBC Bank, which owns all UK and Continental operating subsidiaries.

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He also worked with Corus Group as chairman from 2001 to 2009. Leng also serves on the board of AON, a provider of risk management, insurance brokerage, and human resources solutions.

Commenting on the appointment, Nomura Holding president and group COO Atsushi Yoshikawa said: "Jim’s depth of experience will add greatly to our EMEA boardroom, further strengthening our corporate governance and the promotion of good culture, both key elements to our sustainable success in the region."

Leng said: "We have an impressive new management team in the region and together with the rest of the board I look forward to assisting the team in developing Nomura’s international business in EMEA."

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