Instinet has reshuffled its Asia-Pacific management team as the agency broker’s plans to integrate the execution business of its parent company Nomura moves forward.
The changes will see Shaun Bramham, currently COO of Nomura’s Asia ex-Japan equities business, take the role of regional head, Asia-Pacific, giving him responsibility for all of Instinet’s brokerage operations in the region.
Glenn Lesko, who currently has oversight of Instinet’s Asian franchise, will relocate to the US to take the role of global head of client strategy and US international and product sales.
Bramham, who has over 17 years of industry experience, has worked for Nomura since 2009 and also worked in the fixed income operations department for Lehman Brothers.
“Shaun is a talented individual who is extremely familiar with the Asia-Pacific market overall and our business specifically after having worked closely with Glenn and the rest of our regional management team on the migration of Nomura’s execution services business to Instinet,” said Fumiki Kondo, CEO of Instinet. “Under Glenn’s leadership during his three-year assignment, our team was able to significantly raise Instinet’s standing in the market, resulting in a marked increase in our Asia-Pacific business and its revenues.”
Nomura revealed plans to integrate its execution services business with Instinet last September. Under the plan, Instinet will serve the cash, program trading and electronic trading needs of Nomura’s Americas, EMEA and Asia ex-Japan customers. Nomura will continue to offer investor and corporate solutions products – including flow and structured derivatives, delta one, convertibles, prime services, futures and options and equity capital markets and syndication services.