Japanese investment bank Nomura has appointed Ting Lu as the chief economist for China.
Based in Hong Kong, Lu will spearhead a team of economists that is responsible for forecasting China’s economic trajectory.
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In the new role, he will report to the firm’s head of emerging markets economics Rob Subbaraman.
“I’m thrilled that Ting has joined Nomura. He has considerable experience covering China’s economy, a strong network of policy and academic contacts and is highly regarded for his analytical abilities by investors in and outside China. With Ting’s arrival, I believe Nomura’s Asia economics team is the strongest it has ever been since I started managing it over a decade ago,” Subbaraman noted.
Lu most recently served as the global head of research, global head of sales and trading, and chief economist at Huatai Securities.
He formerly also worked as the head of greater China economics at Bank of America Merrill Lynch, where he had a nine-year stint.
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By GlobalDataNomura executive chairman, Asia ex-Japan, and head of the China committee Toshiyasu Iiyama said: “China is an important market for Nomura, and Ting’s appointment is further evidence of our commitment to building up our China expertise.”
