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Nomura Enhances Commodities Platform With Asia Oil Trading Head Hire

Date 28/06/2010

Nomura, the global investment bank, today announces the appointment of Shaun Lim as Head of Oil and Oil Products Trading, Asia ex-Japan. Mr. Lim, who has spent the past 13 years in the oil markets and has extensive experience on both the paper and physical trading side, joins from Barclays Capital in Singapore where he was a senior fuel oil trader. He will report to Sean Brecker, Head of Commodities Trading, Asia ex-Japan and will be based in Singapore.

“Shaun brings to Nomura a wealth of expertise in oil markets, especially in Asian oil markets. We look forward to his contribution as we continue to build our commodities platform in the region,” said Brecker.

Mr. Lim’s hire follows the appointment of Iain Lawson in January as Head of Commodities Structuring, Asia ex-Japan. Mr Lawson joined Nomura from Citigroup in Singapore where he was Head of Asia-Pacific Commodity Capital Markets. Mr. Lawson is a seasoned commodities specialist with almost 20 years experience in commodity markets, having started his career as a physical oil trader at Shell. Also based in Singapore, he reports to John Goff, Nomura’s Head of Fixed Income Structuring, Asia ex-Japan. “These two appointments highlight Nomura’s commitment to developing our commodities platform. Our clients in Fixed Income, Investment Banking and other parts of the business look to us for innovative solutions in the commodities space and the hires of Shaun and Iain help us better service their needs,” said Jai Rajpal, Nomura’s Head of Fixed Income, Asia ex-Japan.