Nomura CEO and nine executives take pay cuts after a former employee allegedly targeted elderly clients.

Nomura Holdings Inc.'s CEO, Kentaro Okuda, and nine other senior executives have voluntarily taken pay cuts after a former employee was charged with attempting to murder and rob elderly clients. Okuda will return 30% of his salary for three months. The bank is responding with stronger supervision of client visits, ethics training, and revised evaluations to prevent future incidents.

December 03, 2024
14 Articles