Dame Clara and Lord Marshall to be Nomura’s first non-Japanese directors

NOMURA has nominated business grandees Dame Clara Furse and Lord (Colin) Marshall to join the group board, the first non-Japanese candidates to be proposed as directors.

The appointments will be put to the shareholder vote at a general meeting of the bank next week.

Marshall, the former chairman and chief executive of British Airways and president of business organisation the CBI, has been non-executive chairman of Nomura’s European board – separate to the main board in Tokyo – since 2004.

Furse agreed to join the European board as a non-executive director at the end of last year, after handing over the chief executive’s reins at the London Stock Exchange to Xavier Rolet.

Nomura said the pair will be tasked with ensuring that its corporate activities “are conducted properly and in line with its position as a global investment bank”.

Since buying up the European and Asian operations of collapsed bank Lehman Brothers in 2008, Nomura has been leading an aggressive drive to build up its business to compete with its international investment banking rivals.