JFMC Members

JFMC membership includes representatives from five Japan-based institutions and five international firms active in Japanese capital markets. The international firms are all members of the International Bankers Association of Japan (IBA Japan). The representatives from IBA Japan to the JFMC may change from time to time.
 

The current members from IBA Japan are:

  • BNP Paribas
  • Citigroup Japan
  • Morgan Stanley
  • UBS Securities Japan Co., Ltd.
  • Natixis Japan Securities Co., Ltd

The Japan-based members are:

  • Mitsubishi UFJ Financial Group, Inc.
  • Daiwa Securities Group Inc.
  • Mizuho Securities
  • Nomura Holdings
  • SMBC Nikko Securities Inc.

JFMC Chair

The co-chairs of the JFMC are the representatives from BNP Paribas and Nomura.

Mr. Philippe Avril, Chair

IBA Japan Chair & Representative Director
Senior Advisor, BNP Paribas, Tokyo Branch

Mr. Toshiyasu Iiyama, Chair

Executive Managing Director of Nomura Holdings
Representative Director, Deputy President of Nomura Securities