Stuart Oakley has joined Nomura as global head of Asian non-deliverable forwards and head of FX cash trading, Asia excluding-Japan.
Based in Singapore, Oakley reports globally to Jai Rajpal, the recently appointed global head of FX, and regionally to Rig Karkhanis, head of fixed income, Asia ex-Japan. Profit & Loss originally reported the move during the summer (Squawkbox, 1 July 2012).
“Stuart is pre-eminent in the Asian NDF space and his appointment highlights Nomura’s continued focus on hiring the best talent for key Asia-specific roles,” says Karkhanis. “Deepening our local markets FX offering is a fundamental part of our fixed income strategy in Asia.”
Oakley joins from the Royal Bank of Scotland where he was head of Asia emerging markets FX trading, also based in Singapore. Before that he was a senior trader in EMEA FX at Barclays Capital in London between 2003 and 2010.