North Asia Head At Nomura's IWM Arm Departs

Editorial Staff

14 April 2025

The head of North Asia at Nomura International Wealth Management has left the Japanese firm, this publication can confirm.

Rudolf Hitsch, who joined in April 2023, is based in Hong Kong. He had overseen client relationship management teams covering North Asia. Before this, he worked for 12 years and seven months at Citigroup, as north Asia head, in charge of that bank’s private bank business, running teams in Hong Kong and Singapore. Before that, he worked for almost 12 years at Goldman Sachs, also in Hong Kong, in roles such as that of a senior private banker, according to his Linkedin profile.

Nomura declined to comment to WealthBriefingAsia about the matter.

This publication can confirm that Nomura also changed reporting lines.

Jesse Wu, Louis Yip, Wayne Yang, Austin Luo, Murphy Lo and Albert Wong will report to Ravi Raju, Nomura’s Singapore-based head of international wealth management.

In March this year, Nomura’s international wealth management arm appointed Ong Kin Yok as managing director and team head to focus on market coverage for Singapore and Malaysia.