Instinet, a wholly-owned subsidiary of Nomura Holdings, has appointed Fumiki Kondo and Anthony Abenante as co-chief executive officers, Thomas Vogel as chief financial officer and Kevin Farrell as chief administrative officer of Instinet.
Hiromasa Yamazaki, head of global equity for the Nomura Group, will become chairman of the board. Chris Rogers will continue to serve as the company’s chief technology officer.
Former co-CEOs John Fay and Alex Goor will leave to pursue other interests. Instinet is in the process of negotiating with Ed Nicoll, former chairman, to remain as a special advisor. “We thank Ed, Alex and John for their many contributions to Instinet and their work transitioning the company to the Nomura Group. We wish them the best, and hope that we may look forward to continued advice and insight from Ed,” says Mr. Yamazaki.
Mr. Kondo joined Instinet in February 2007. He previously served at the Nomura Group as managing director of Nomura Securities International, executive vice president of Nomura BlackRock Asset Management and in various other capacities at Nomura International (London) and Nomura Securities (Tokyo).
Mr. Abenante joins Instinet from Nomura Securities International, where he served as managing director responsible for U.S. equity and global program sales and trading for the past four years.
Prior to joining Nomura Securities International, Mr. Abenante spent 10 years at Investment Technology Group, serving in several senior management roles, most recently as director of institutional sales.
Messrs. Vogel, Farrell and Rogers have each held a variety of positions with Instinet and together have served the company for more than 10 years.