Nomura has reshuffled its management in Asia as it works to boost its operations in the region. Within Nomura Holdings in Japan, Koji Nagai, deputy president and co-chief operating officer of Nomura Securities, has been made president of the brokerage unit. He takes over the role of president from Kenichi Watanabe, who will remain chief executive of the group. Hitoshi Tada, who is retail chief executive and deputy president as well as co-chief operating officer of Nomura Securities, will become chairman of the brokerage unit. All of the changes take effect from April 1. The bank also plans to create a China committee chaired by Noriyasu Yoshizawa, a director of Nomura Securities. Additionally, it will launch an India office led by Takaaki Naito, head of asset finance, and an Association of Southeast Asian Nations office headed by Yoshinori Go, vice chairman of Nomura Asia Holding.