Nomura global head of legal and general counsel for wholesale David Graham has left the bank just over a year after taking up the role, provoking a wider restructuring of the legal team.

Graham left the Japanese bank in September. He has not yet been replaced, with his responsibilities set to be split between Nomura chief legal officer, Noriaki Nagai, and other regional legal heads.

Following his departure, Nagai has announced plans to restructure the group with Tokyo group legal and Japan transaction legal head Yasushi Takayama to move to New York in a bid to strengthen the US legal management team.