Sadeq Sayeed
Encyclopedia
Sadeq Sayeed is a prominent Pakistani-born banker and businessman. He was the executive vice chairman at Nomura Group
. Sayeed was the chief negotiator for Nomura during its acquisition of the Europe, the Middle East and Africa assets of Lehman Brothers
. Prior to joining Nomura in 2000, Sayeed spent 14 years at Credit Swiss First Boston rising from associate to managing director.
He has also been a consultant with the World Bank
and taught investment banking at Massachusetts Institute of Technology
(MIT).
He studied electrical engineering at MIT and has a masters in finance from MIT Sloan School of Management
. He is reported to have received $34m severance package when he left the firm in March 2010.
Nomura Group
The formerly Nomura zaibatsu is a company headquartered in Chuo, Tokyo.Nomura is one of the major industrial and financial conglomerate groupings of Japan. Osaka Nomura bank was founded by Tokushichi Nomura II in 1919 after many successful business ventures; it was established on the Mitsui...
. Sayeed was the chief negotiator for Nomura during its acquisition of the Europe, the Middle East and Africa assets of Lehman Brothers
Lehman Brothers
Lehman Brothers Holdings Inc. was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA , doing business in investment banking, equity and fixed-income sales and trading Lehman Brothers Holdings Inc. (former NYSE ticker...
. Prior to joining Nomura in 2000, Sayeed spent 14 years at Credit Swiss First Boston rising from associate to managing director.
He has also been a consultant with the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
and taught investment banking at Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
(MIT).
He studied electrical engineering at MIT and has a masters in finance from MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
. He is reported to have received $34m severance package when he left the firm in March 2010.