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Nomura Enhances Financial Institutions Group with Appointment of James Kern

Date 02/11/2010

Nomura, the global investment bank, announces the appointment of James Kern as Head of Global Finance FIG and Specialty Finance Investment Banking for the Americas. Mr. Kern’s significant experience representing a broad range of financial institutions will help further grow Nomura’s global franchise.

“We are committed to hiring the best professionals in the industry to build our Americas Investment Banking franchise. Adding Jim to our team reflects that commitment. His proven experience and reputation for delivering superior service to clients globally will be a great asset as we continue to expand and deliver on our client-focused, solutions-driven strategy,” said Glenn H. Schiffman, Head of Investment Banking, Americas.

Nomura’s solutions-driven Global Finance group is actively securing mandates in the Americas. On October 22, Nomura provided investment banking services to Athene Holding Ltd. in connection with its definitive agreement to acquire Liberty Life Insurance Company, a subsidiary of Royal Bank of Canada, for a purchase price of $628.1 million.

Mr. Kern joins Nomura from JP Morgan where he served as a senior member of the FIG practice focused on Asset Management and Specialty Finance clients. Prior to JP Morgan, Mr. Kern spent 14 years at Bear Stearns where he held several positions including head of strategic finance-FIG, head of corporate derivatives and was a founding member of the firm’s structured equity products group.

As part of the continued expansion of Nomura’s Investment Banking team, the firm also announced Nimish Mathur has joined as an Executive Director on the FIG team within Global Finance for the Americas. Mr. Mathur previously worked in the FIG area with Barclays Capital and Lehman Brothers.