Scandal-hit Nomura wins shareholder approval for re-appointment of CEO

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Scandal-hit Nomura wins shareholder approval for re-appointment of CEO
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Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-a...

FILE PHOTO: Nomura Holdings' Chief Executive Officer Koji Nagai attends an interview with Reuters in Tokyo, Japan, February 9, 2016. REUTERS/Yuya Shino

CEO Koji Nagai kept his job despite opposition from influential proxy advisory firm Institutional Shareholder Services Inc, which had recommended shareholders vote against his re-appointment. Nomura was ordered by the financial watchdog last month to improve its internal controls following the leak of information related to listing and delisting criteria at the Tokyo Stock Exchange.

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