Nomura names Rudolf Hitsch head of north Asia

Nomura Holdings has appointed Rudolf Hitsch as the head of north Asia for its international wealth management business, in a move to expand its operations for wealthy clients in the region. Hitsch, who was previously the head of North Asia at Citi Private Bank, brings about 25 years of experience in private banking, particularly in serving Chinese clients. Fluent in Mandarin, he spent more than a dozen years building Citi’s offshore China and Taiwan private banking business and overseeing the growth of the Hong Kong business. Hitsch will be based in Hong Kong and report to Ravi Raju, Nomura's head of international wealth management. He will be responsible for client relationship management teams covering north Asia.