Nomura Holdings CEO Kentaro Okuda said Tuesday that he and nine other executives will return some of their pay to take responsibility over an attempted murder and robbery involving a former employee.
The CEO of Japan’s largest brokerage said he and four other executives will take a 30% pay cut for three months, while the remaining five board of directors will take a 20% pay cut for the same period.
„This incident should never have happened at a financial institution entrusted with the valuable assets of clients who place their trust in us, and we take it very seriously,” Okuda said in a news conference in Tokyo.