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Lewis O'Donald was appointed Chief Risk Officer of Nomura Holdings in January 2011. He is a member of Nomura's Executive Management Board and a director of Nomura's European entity. Prior to joining Nomura Dr O'Donald worked at Morgan Stanley International in a variety of roles from 1992 till 2010. He started in the Fixed Income division, working in derivatives and swaps trading. Dr O'Donald ran the European Fixed income options and exotics trading from 1999 to 2001 before moving to run Structured Credit Trading in Europe, when Fixed Income was split into Credit and Interest Rate Trading. Dr O'Donald subsequently moved into the market risk division at Morgan Stanley in 2004, running the European office and Global Credit Markets. In 2008 he was asked to become the Senior Risk Officer for Morgan Stanley globally, running in-Business risk management for the head of Sales and Trading. In March 2014 Lewis was made a director of GARP (Global Association of Risk Professionals). Lewis O'Donald holds a D. Phil. in mathematics from Oxford University, an MA in mathematics from Cambridge University and a B.Sc. in mathematics and physics from Bristol University.