Nomura, the Asia-based global investment bank, has announced the appointment of Birendra Agarwal as Managing Director and Chief Information Officer for Nomura Services, India (Powai). Birendra will be based in Mumbai and will report globally to Simon Lucocq, Global & Asia Pacific Wholesale CIO and locally to R. K. Rangan, President and CEO of Nomura Services, India.
Birendra brings more than 20 years of leadership experience in managing information technology for financial services in the US and UK. He has undertaken diverse roles ranging from strategic technology planning, application development, architecture, engineering and operations. At Nomura Services, India he is responsible for managing the technology support across global business units such as equities, fixed income and investment banking.
Rangan said, “It gives us immense pleasure to welcome someone of Birendra’s calibre to Nomura. His experience and extensive domain knowledge will be instrumental to the success of many strategic and transformational IT programs being managed from Powai. Birendra’s leadership will be an invaluable asset to the firm, and will help us leverage Powai’s capabilities more effectively for Nomura’s global expansion.”
Prior to joining Nomura, Birendra was managing Envision Consultants, an outsourcing and offshore advisory firm. Before that, he was Managing Director and co-CIO, Global Fixed Income Currencies and Commodities at Citigroup, where he was responsible for building the technology division across various financial verticals. He holds a B.Tech from IIT, Mumbai and an M.S. from the University of Kentucky.
Nomura Services employs more than 2,300 people at its Powai office, of which nearly 1,000 are IT specialists and securities analysts who handle Nomura’s business around the globe. Nomura’s technology division uses leading edge technologies to deliver and support innovative solutions across the firm's front, middle and back office for the Global Markets, Investment Banking and corporate divisions.
