NH Investment & Securities Executes Organizational Restructuring to Enhance Efficiency and Global Capabilities
[Asia Economy Reporter Minji Lee] NH Investment & Securities announced on the 13th that it will carry out an organizational restructuring to enhance the efficiency of the Asset Management Division and strengthen global business capabilities.
NH Investment & Securities will streamline the Asset Management Division to reflect business changes due to market conditions and regulations and to utilize investment resources more efficiently. The separately structured headquarters by product, the ‘Equity Derivatives Headquarters’ and the ‘FICC Derivatives Headquarters,’ will be integrated into a single ‘Derivatives Headquarters,’ and the ‘Equity Derivatives Operations Department,’ responsible for ELS self-hedging operations, and the ‘FICC Derivatives Operations Department,’ responsible for FICC self-hedging operations, will be merged into the ‘Derivatives Operations Department.’ In particular, the ELS/DLS operations and sales departments under the Derivatives Headquarters will be colocated to facilitate close collaboration.
Additionally, a new ‘Global Business Headquarters’ has been established, organizing all eight overseas bases directly under the headquarters. This aims to build an overseas investment platform in response to the growing overseas investment needs of individual and institutional clients and to expand business in emerging markets. Furthermore, a ‘Global Business Planning Department’ has been newly established to set the direction for overseas business from a mid- to long-term perspective and to lead entry into new businesses.
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An NH Investment & Securities official stated, “This organizational restructuring was carried out to respond to increasingly diverse customer needs and changes in the market environment and to strengthen competitiveness as a leading domestic financial investment company.”
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