Daiwa Securities SMBC Europe Ltd. hires new CFO, Stephen Krag
For more details, please contact:
Caroline Klein, Business Communication
Daiwa Capital Markets Europe Limited
5 King William Street, London, EC4N 7AX
+44 (0)20 7597 8101
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14 May 2009
Daiwa Securities SMBC Europe Limited (“Daiwa SMBC”), the European subsidiary of leading Japanese investment bank Daiwa Securities SMBC Co. Ltd, has hired Stephen Krag as Chief Financial Officer (CFO).
Stephen Krag joins Daiwa SMBC from Bank of Scotland Treasury, where he was Chief Operating Officer and Finance Director. Previously he worked for NatWest Markets where he held a number of senior finance positions within the Capital Markets, Equities and Global Financial Markets businesses including responsibility for operations in North America, Europe and Asia. Stephen graduated from Cambridge University and is a qualified chartered accountant.
Stephen’s predecessor Doreen Langston, who has been at Daiwa SMBC for 8 years, will be working closely with Stephen to ensure a smooth transition.
Eishu Kosuge, Chairman & CEO of Daiwa Securities SMBC Europe Limited, commented: “I am pleased to welcome Stephen to this exciting role and believe his impressive experience in financial markets will be of great benefit to the firm. I would also like to thank Doreen Langston for her valuable contribution to Daiwa SMBC during the past eight years. Her focus and commitment have been greatly appreciated by the board and staff of the firm and we all wish her the best with her future path.”
Note to editors:
Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group.
Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas:
• Equity
• Fixed Income
• Derivatives
• Debt & Equity Capital Markets
Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance