JPMorganChase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to people familiar with the matter, as the Wall Street bank steps up recruitment of AI specialists to boost productivity.
Singapore-based Tahir Zafar, who joined the Japanese bank in late 2023, is expected to start around July after completing his gardening leave, said the people, who asked not to be identified discussing private details.
At JPMorgan, Zafar will be part of a regional team led by Deep Thomas, the bank’s Asia-Pacific chief data and analytics officer, who himself moved from Nomura in August 2025 after a four-year stint, said the people.
Spokespeople for JPMorgan and Nomura declined to comment. Zafar didn’t respond to a request for comment.
Chief Executive Officer Jamie Dimon told Bloomberg Television in an interview last month that the bank will likely hire more artificial intelligence specialists and fewer traditional bankers as the adoption of the technology accelerates. —Rthvika Suvarna, Bloomberg News