Nomura appoints European Chief Economist

by Richard Kilner

Story link: Nomura appoints European Chief Economist

Asian-based investment bank Nomura has announced the appointment of Peter Westaway as chief economist for Europe.

Locally he will report to Jim McCormick, Head of Fixed Income Research, EMEA, and globally he will be responsible to Paul Sheard, Global Chief Economist and Head of Economic Research, based in New York.

Westaway will be based in London and be tasked with running the European economic research team and leadership of UK economic research.

Westaway brings tremendous experience to the bank, having occupied senior roles at the Bank of England, UK Treasury and National Institute of Economic and Social Research and having experience of macro economic forecasting, policy and financial market analysis.

McCormick has welcomed the appointment and stated that Westaway’s experience of macro solutions from the Bank of England will prove invaluable to the firm’s efforts in this area.