Nomura Asset Management managing director and country head for Malaysia Rejina Rahim is stepping down from her role by the end of the month after a 15-year stint,Asia Asset Management reported.
Leslie Yap,who is currently the head of investment, will take over the role.After stepping down, Rejina will become an adviser for Nomura Asset Management Malaysia,according to the portal.
Nomura Asset Management is a wholly-owned subsidiary of Nomura Holdings,Inc.and is the core brand within the group's Asset Management Division.

In May, Nomura appointed Alister Moss as the COO for clients in Asia,excluding Japan.

Earlier,the firm had hired more than 20 private bankers and investment advisors in Hong Kong and Singapore as part of its plan to expand its international wealth management business.