Schroders has appointed Shigesuke Kashiwagi as president and country head of Japan, effective 1 July 2016.
Kashiwagi will be based in Tokyo and will report to Lieven Debruyne, CEO Asia Pacific. He succeeds Guy Henriques who will hold a new role in the UK later this year.
Kashiwagi, who has 34 years’ experience in the asset management industry, joins from Nomura Holdings where he was executive managing director, chief financial officer since April 2013.
He also served as senior managing director of group strategy and executive office with particular focus on regulatory strategy, as president and CEO of Nomura Holdings America and as head of Global Fixed Income.
Debruyne said: “Shigesuke’s distinguished and varied career at Nomura reflects his global leadership skills and deep understanding of the country’s client needs.
“His unparalleled experience will help drive the next stage of growth of our successful Japanese business, not just in delivering investment solutions for major clients but also in the vital areas of governance and stewardship.
“His extensive industry knowledge means he is well-placed to strengthen our position as a leading asset manager in the region and we look forward to working with him.”
Schroders had €409.7bn in AUM as of end March 2016.