Nikko AM Adds Exec Vice Chairman

Sep 24 2013 | 10:27am ET

Hideo Abe has been appointed to the newly created role of executive vice chairman of Nikko Asset Management.

The 36-year financial services industry veteran comes to Nikko AM from Mizuho Securities, where he served as deputy president from 2008 to 2013. Prior to that, Abe was a board member at Nikko Citigroup, where he also served as chief executive officer from 2004 to 2008. During the course of his career at Nikko Cordial Securities and its forerunner company, Nikko Securities, he variously led business planning, products and marketing, fixed income trading and capital markets. From 1987 to 1995, Abe was assigned to Nikko Europe, based in London.

In his new job with Nikko AM, Abe will help enhance the company’s executive-level marketing capability as it seeks to reach a wider range of institutional and retail investors in both the Japanese domestic market and overseas. He will be based in the company’s Tokyo headquarters.

“As a highly experienced senior executive in world-class financial institutions, Mr. Abe has a distinguished track record in cultivating relationships with clients, and we look forward to working with him,” said Takumi Shibata, executive chairman of Nikko AM, in a statement.

Established in 1959, Nikko AM has grown to become the largest regional asset management company headquartered in Asia, with total assets under management of US$156 billion.

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