Nomura Asset Management has appointed Douglas Stewart as EMEA head of distribution.
The business, a subsidiary of Nomura Holdings, holds US$563 billion in assets under management as of year-end 2024.
Based in London, Stewart is responsible for Nomura Asset Management’s distribution strategy across EMEA and Latin America, covering both institutional and intermediary channels.
He reports to Kenichi Suzuki, senior managing director and head of the global business unit.
Stewart has more than two decades of industry experience, most recently serving as head of EMEA for Silicon Valley Bank.
Prior to this he was CEO at asset manager BennBridge, which was acquired by Skerryvore Asset Management in August 2024. Earlier, Stewart was head of EMEA and CEO of OppenheimerFunds. The majority of his career has been spent at AllianceBernstein as managing director of the EMEA client group.