News Releases

14 April 2008 [Tokyo] - Barclays Capital Japan Limited announced the appointment of Kyohei Morita as Director, Chief Economist Japan. Based in Tokyo, Mr. Morita will be responsible for analyzing and forecasting the Japanese economy, as well as monetary and fiscal policy. He will report to Julian Callow, Managing Director, Head of Economic Research, and Jon Scoffin, Managing Director, Head of Research Asia-Pacific.

Julian Callow commented, "Having worked in London as well as Tokyo, Kyohei Morita has broad experience in analyzing both the Japanese and international economy. His expertise in heading up our Japan economic research team will be invaluable as we continue to forge a globally integrated research product".

Jon Scoffin, Head of Research, Asia-Pacific added “Kyohei Morita’s appointment complements the hire in December 2007 of Chotaro Morita to lead our Japan Fixed Income Strategy research. We believe that Kyohei Morita and Chotaro Morita will represent a strong combination and help drive a cohesive view on the Japanese economy and fixed income markets."

Commenting on the hire, Eiji Nakai, President & CEO of Barclays Capital Japan Limited said that "In this challenging market environment, we recognize the importance of providing our clients with the highest quality of research and analysis. Morita san’s extensive experience and his strong reputation among Japanese and global clients will be key to this.”

Kyohei Morita joins Barclays Capital from Nomura Securities, where he was the senior economist in charge of analysis and forecasting of the Japanese economy. Mr Morita started his career in 1994 at the Nomura Research Institute. He graduated from Kyushu University and also holds a Masters in Economics from Brown University in the United States (2000).