Diam appoints Norio Nakajima as president and CEO

Jul 30, 2009

Japanese fund manager Diam looks to an executive with overseas experience to continue its advancement into Asian markets.

One of Japan's biggest money-managment firms, Diam, has turned to an executive with international experience as its new president and CEO.Norio Nakajima has joined the firm from Mizuho Corporate Bank. He succeeds Rikio Nagahama, who held the post at Diam for five years. Nagahama has now retired.Diam is a joint venture between Mizuho Financial Group and Dai-ichi Mutual Life Insurance, and manages $76 billion.Nakajima has spent seven years overseas, working in London and New York on beh…

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