Nomura has brought on Lewis Alexander as managing director and U.S. chief economist, the Japanese investment bank said today. He replaces David Resler, who will take on a new role as chief economic advisor.
Alexander joins from the Treasury Department, where he served as counselor to Secretary of the Treasury Tim Geithner. He will be based in New York and will head a team of five economists covering the U.S. He will report to Jens Nordvig, head of Americas fixed income research, and Paul Sheard, global chief economist.
"We are confident that Lewis will contribute significantly in enhancing our fixed income research platform both in the Americas and globally," said Nordvig in a statement.
Alexander worked at the Treasury from March 2009 through March 2011, where he worked on bank stress tests, the Troubled Asset Relief Program, reform of the mortgage finance system and the establishment of the Office of Financial Research.
Prior to the Treasury he worked at Citigroup for 10 years, serving as chief economist for four of them. He also worked at the Federal Reserve and at the U.S. Department of Commerce.
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