WestLB has hired Makoto Kurokawa, v.p. in financial products marketing at RBC Capital Markets in Tokyo, as head of fixed income distribution. He will remain in Tokyo for the role. Kurokawa cited the promotion opportunity as the main reason for the move, although he also noted that he believed WestLB was a strong global franchise with a commitment to Japan. It could not immediately be determined if this is a new role for WestLB.
Human resources officials at RBC confirmed Kurokawa's resignation and said the firm is still looking for a replacement.
