Leadership & Management

Keiji Machida was appointed Chairman and Chief Executive Officer of Daiwa Capital Markets America Inc. in October 2022. He previously served as President and Chief Executive Officer of the Firm since 2020. He joined Daiwa Securities Co. Ltd. in 1993. From 2003-2015, he worked in Singapore, London and Tokyo offices in several areas and held a number of different roles including Head of International Fixed Income Sales, as well as Executive Director of Debt Syndicate and Credit Trading. In 2015, he moved to Daiwa Capital Markets Singapore Limited, where he served as President until 2020. Keiji completed the Stanford Executive Program at the Stanford Graduate School of Business, and earned a Bachelor of Arts in Business Administration from Hosei University in Japan.

Mr. Masahiro Yamauchi serves as the Deputy President and Chief Strategy Officer of Daiwa Capital Markets America Inc. since April 2024. In his current role, he is a member of the ELT that oversees the company’s operations, enhances its internal organizational framework, and sets strategic objectives to bolster business growth in the United States. Before joining DCMA, Masahiro spent over 20 years at Daiwa Securities Group Inc. in Japan, where he led the international business planning department and also worked in Singapore and Bangkok offices. With extensive expertise across the Japanese, Singaporean, and Thai markets, he has gained significant experience in corporate planning, investment strategy, and research. Masahiro holds a BA in Economics from Hiroshima University and an MBA from the University of Pittsburgh.

Raymond Remy is the Co-Head of Fixed Income Trading and Sales Department at DCMA. He has direct oversight of the US Dollar Fixed Income Trading and Sales Department and is responsible for all activities of the Primary Dealer at DCMA. Prior to joining DCMA in 2004, Ray was the Managing Director for Treasury and Agency Trading at Banc One Capital Markets in Chicago, where he directed the retail and institutional market making trading desks and was responsible for all activities of the Primary Dealer. Ray also held the positions of Managing Director and Trading Manager at HSBC Securities in New York and was responsible for all activities of the Primary Dealer there. Prior to HSBC, Ray was Vice President of Trading at Thomason McKinnon Securities, New York. Ray graduated from the State University of New York at Oneonta in 1982 with a BS in Business Economics.

Toru Sanbongi is the Co-Head of Fixed Income Trading and Sales Department at DCMA. He has direct oversight of the US Dollar Fixed Income Trading and Sales Department and is responsible for all activities of the Primary Dealer at DCMA. Toru began his career with Daiwa Securities Co. Ltd. in Tokyo in 2002, and was previously the Deputy Head of Fixed Income at DCMA. Toru has worked at Daiwa offices in Tokyo and London in Credit Trader and Fixed Income management roles. In Tokyo, Toru was predominantly in charge of trading IG, HY, Hybrids, Sovereigns, CDS and structuring repackage bonds.

Eiji Uejima is the Managing Director and Co-Head of the Equity Division at Daiwa Capital Markets America Inc. With over 30 years of experience in the financial services industry across Japan and the United States, Eiji leads a skilled team of more than 50 professionals in trading, sales, and other key middle-office functions. He ensures excellence in client coverage, development, and long-term relationship management. Before joining Daiwa, Eiji built his career at several major industry firms, including Barclays Securities, Morgan Stanley Japan Securities Co., Ltd., UBS Warburg Japan Limited, The Bank of California, and The Mitsubishi Bank, Ltd.

Eiji holds a Master of Business Administration degree from Georgetown University in Washington, DC.

Paul DeMarco is the Managing Director and Co-Head of the Equity Division at Daiwa Capital Markets America Inc. With decades of experience in the financial services industry, Paul leads a team of over 50 professionals specializing in equities sales and trading, securities finance, and global financial markets. Paul has played a critical role in building and managing various new businesses, with a focus on our large institutional clients’ needs. He is committed to ensuring excellence in client coverage and nurturing long-term relationship management.

Paul joined Daiwa in 2002, bringing with him extensive expertise gained from his previous roles at Nomura, Flemings, and Yamaichi Securities, where he specialized in trading Japanese and Asian equities markets.

Ben Genek joined DCMA in 2020 as the Chief Risk Officer currently overseeing the Firm’s risk management and compliance functions. Prior to joining DCMA, Ben was the Deputy Chief Risk Officer at MUFG Securities Americas, Inc. as well as the Deputy Head of Market Risk, Interest Rate, Liquidity and Counterparty Credit Risk Management for the Americas at MUFG. Prior to MUFG, Ben worked at several large firms in the industry throughout his career including Natixis, Deutsche Bank, Nomura Securities and Merrill Lynch where he was responsible for leading various Risk Management related activities and functions. Ben graduated from the Rutgers University Business School (New Brunswick, NJ) with a BS in accounting and joined Merrill Lynch immediately after graduation.

Brian McQuade is the Chief Administrative Officer (CAO) at Daiwa Capital Markets America Inc. He has responsibility for ensuring Daiwa’s organization, talent and workspace are positioned to help drive business strategy and growth. In his role, he has responsibility for overseeing the firm’s Human Resources, Real Estate, and CEO Office functions.

Brian was previously the Chief Human Resources Officer when he joined DCMA in March 2020. He has 20+ years of experience in the financial services industry, and before joining the firm, was the Managing Director and Head of Human Resources of Mizuho Bank and its US holding company, Mizuho Americas. He is a US Army veteran and holds a Master of Science degree from New York University and received his Bachelor of Arts from Ramapo College of New Jersey.

George Parry joined DCMA in 2017 as the Chief Financial Officer and Treasurer overseeing Finance and Treasury functions of DCMA and Daiwa Capital Markets America Holdings (DCMAH). Prior to joining DCMA, George worked at BNPP from 2008 to 2017, and was a Managing Director and CFO of BNP Paribas Securities Corp., BNP Paribas Prime Brokerage Inc. and BNP Paribas Fortis Branch and has worked at several large firms in the industry (ICAP Services North America, Mizuho Securities, Ernst and Young) performing finance, audit, tax and consulting services. George is also a member of the American Institute of Certified Public Accountants, NYS Society of Certified Public Accountants, and a licensed CPA in the State of New York. He is also a member of the Financial Management Society of the Security Industry and Financial Markets Association. George graduated from St. Joseph’s College, Patchogue, N.Y. in 1992 with a Bachelor of Science in Accounting.

Vijayshankar Venugopal is the Chief Technology and Operations Officer (CTOO) at DCMA. In his role, he is responsible for overseeing the firm’s Operations and Information Technology functions. With 20+ years of experience in the financial services industry, Vijay has held several senior positions in major organizations such as Cantor Fitzgerald and Citibank. He was previously the Chief Information Officer (CIO) at Helix Financial Systems, a subsidiary of Cantor Fitzgerald, where he served from 2020 to 2023. Before Helix, he held the position of IT Head of Stock Loan and Repo at Cantor Fitzgerald from 2018 to 2020. During his 14-year tenure at Citibank, Vijay held several senior positions, and his most recent role was Global IT head of Prime and Agency Lending for Billing, Profit, and Loss (P&L), and Analytics. Vijay holds an MS in Electrical and Computer Engineering from Stony Brook University, and an Executive MBA from Quantic School of Business and Technology.