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Nomura will speed up structural reforms, incoming CEO Okuda says

  • December 03, 2019
  • Business & Economy

TOKYO, Dec 3 (Reuters) – Nomura Holdings Inc will speed up structural reforms, the incoming chief executive of Japan’s biggest brokerage said on Tuesday, adding there was no guarantee a top player in the financial industry today could stay in that position in future.

“I have a sense of crisis over whether today’s main players in the financial industry can remain so down the road,” co-chief operating officer Kentaro Okuda told a gathering of investors, a day after he was named to succeed CEO Koji Nagai. (Reporting by Takashi Umekawa; Editing by Edwina Gibbs)

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