Instinet Incorporated said it had an organizational change in its Asia-Pacific business, announcing that Shaun Bramham has been named regional head succeeding Glenn Lesko who returns to the US in a new role.
After a three-year assignment in Asia-Pacific, Lesko will become global head of client strategy and US international and product sales for Instinet, the independent, equity trading arm of the Nomura Group.
Bramham, who currently serves as COO of Nomura’s Asia Ex-Japan Equities business, will be responsible for all aspects on Instinet’s brokerage operations in the region. With 17 years of industry experience, Bramham is a seasoned professional, according to the release. He began his career at Lehman Brothers in 1966 in the fixed income operations department in London and subsequently held senior roles in operations in New York, Tokyo and Hong Kong. He was named global head of Nomura’s Execution Services Equity Operations in 2009 before moving to his current role in 2011.
According to Fumiki Kondo, CEO of Instinet Incorporated, who is quoted in the release: “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. We’re very pleased to be able to add someone of his calibre to our organization.”
Further commenting, Kondo stated, “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. While we will certainly miss his contributions in the region, we’re excited to welcome Glenn back to the States where we intend to rely heavily on his management abilities, international experience and deep client relationships as we work to grow our global cross-border business.”