Jefferies Financial Group Appoints SMFG's Toru Nakashima to Board of Directors
Slice of Finance Team
08/15/2024
Key Highlights:
Quotes
“ "We are honored to welcome Nakashima-san to our Board of Directors. The appointment of Nakashima-san will bring to our Board the added value of his unique experience, insight, and relationships to Jefferies." ”
Rich Handler, CEO at Jefferies
Our Take:
The appointment of Toru Nakashima to Jefferies' Board is a significant move that further solidifies the strategic alliance between Jefferies and SMBC Group. This alliance, which has already created substantial opportunities, is poised for even greater achievements with Nakashima's expertise and leadership. As SMBC increases its stake in Jefferies, the collaboration between these two financial powerhouses is set to drive value creation for their global clients and stakeholders. This appointment is a clear signal of the deepening ties and shared vision between these institutions.
