Previously, he was president and CEO of Nikko Asset Management for six years and had a 37-year career at Nomura Holdings including as chief operating officer (COO) from 2008 until 2012.
[2][3][4] Shibata graduated with a bachelor's degree in economics from Keio University in 1976 where he was debating champion of Japan’s English Speaking Society.
[9] During the 2008 global financial crisis, Shibata was the driving force behind the acquisition of Lehman Brothers' European and Asian operations and led their integration as the company's vice president.
[19][20] In the role, he focused on courting international investment with multi-asset products, which he said are attractive to global investors seeking diversified strategies.
[22] In 2017, Shibata recommended high-growth sectors while stock picking and touted Nikko's global robotics fund which raised roughly $6 billion USD and was the first of its kind in Japan.