Jefferies hires Japanese fixed income sales head

Jefferies today announced the appointment of Masakazu Kannaka to lead the firm’s fixed income sales effort with Japanese corporations, regional institutions and endowments. He will be based in the firm’s Tokyo office. 

Kannaka brings more than 20 years of experience and joins the firm from HSBC Securities, where he spent five years and was most recently head of the hedge fund products and sales group. Previously, he spent eight years at Shinko Securities in a variety of fixed income roles and started his career at Wako Securities. 

Jefferies' broader fixed income business now has nearly 525 professionals globally who are focused on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging markets debt.