Nomura boss takes pay lower after worker ‘tried to kill shoppers’ | EUROtoday

The boss of Japanese financial institution Nomura has taken a short-term pay lower after a former worker was charged with theft of financial institution shoppers, tried homicide and arson.

The employee allegedly stole cash from shoppers and set fireplace to their house after visiting them on 28 July this 12 months, the financial institution mentioned in an announcement.

The worker was dismissed every week later, and was arrested in October.

Nomura apologised to the alleged victims, and mentioned chief govt Kentaro Okuda would voluntarily return 30% of his pay for 3 months.

In addition, 9 different Nomura administrators and executives will return 20% to 30% of their pay for a similar interval.

The financial institution mentioned the previous worker informed the department workplace supervisor in Hiroshima on 2 August that police suspected him of arson in relation to a fireplace that occurred at a shopper’s house, and that he had stolen cash from the shoppers when he visited their house.

He was sacked by the financial institution on 4 August, and Nomura mentioned “strict disciplinary action” had been taken towards related managers.

After studying of the alleged theft the financial institution mentioned it had instantly contacted the previous worker’s shoppers and “launched an investigation into other possible incidents”.

The worker gave asset administration recommendation to particular person and company shoppers.

Police arrested him on 30 October, and he was charged by the Hiroshima District Public Prosecutors Office on 20 November.

“We would like to express our heartfelt sympathy and apologize to our clients who suffered because of this incident. We also apologize to all those affected by the trouble it is causing,” Nomura mentioned in an announcement on Tuesday.

“We take this matter very seriously,” it added. “An incident like this must never happen at a financial institution entrusted with looking after its clients’ assets.”

It mentioned it had introduced in “more rigorous and effective measures” to “ensure that our clients feel confident using our services”.

These embody managers going with staff after they go to shoppers’ houses and accompanying them after they communicate on the cellphone.

Nomura mentioned it will “strictly manage” shopper visits, and monitor staff utilizing knowledge from firm cellphones and dashboard cameras.

It may even require staff to take a block of steady go away annually to permit the financial institution to detect any “potential wrongdoing”.

Nomura is without doubt one of the largest banks in Japan and operates in about 30 nations and areas.

It focuses on wealth administration, funding administration, international markets and funding banking.