Nomura, the global investment bank, has hired Lewis Alexander as managing director and U.S. chief economist.
Alexander was most recently at the U.S. Treasury Department, where he was counselor to the secretary of the Treasury. Previously he was chief economist with Citibank and earlier worked as a senior economist at the Board of Governors of the Federal Reserve and the U.S. Department of Commerce.
Alexander will be based in New York, leading a team of five economists covering the U.S. His appointment underscores the importance of the region to Nomura’s global business and its commitment to provide world-class research to its clients. He will report jointly to Jens Nordvig, head of Americas Fixed Income Research, and Paul Sheard, global chief economist.
“We are confident that Lewis will contribute significantly in enhancing our fixed-income research platform both in the Americas and globally,” Nordvig said. “Our goal in research remains clear: to effectively deploy cross-asset expertise and provide first-rate analysis, which is ahead of the market and relevant for today’s modern investor.”
Sheard said that Lewis’ experience will provide clients with insights during a period of unusual uncertainty and when public policy has become increasingly important to the economy.
David Resler will continue to be a resource in constructing an enviable forecasting track record and in helping shape the U.S. research call. His 25 years of experience at Nomura combined with his new role as chief economic advisor will allow the firm to further enhance its economics franchise.
Nomura’s global economics research team comprises more than 30 economists covering Asia, Europe, Japan, Latin America and North America. Clients recognize the team’s flagship Global Weekly Economic Monitor, its forecasting accuracy and its commitment to leveraging its insights into Japanese and Asian economic, policy and market developments.