From November 2026, Daiwa Capital Markets Europe will be moving to its new London office at Peterborough Court. Find out more
Daiwa Capital Markets Europe
Japanese Expertise. Global Reach.
Daiwa Capital Markets Europe Limited is the wholly owned subsidiary of Daiwa Securities Group Inc., one of the largest brokerage and financial services groups in Japan. This award-winning investment bank has offices throughout Europe and the Middle East, and maintains strong ties with its Asian roots, working closely with colleagues across the region. 
Board of Directors

Maria Bentley
Independent Non-Executive Director and Chair of the Board
Maria Bentley was appointed as DCME’s Chair of the Board (and Chair of the Nomination Committee) on 1 April 2024. She joined DCME’s Board in May 2021 as an Independent Non-Executive Director and Chair of the Remuneration Committee. In addition to DCME, Maria has appointments on the following Boards: Peel Hunt Limited, where she serves as Senior Independent Non-Executive Director and RBC Global Asset Management (UK) Limited, where she chairs of the Human Resources Committee.
Maria has over 40 years of experience in the investment banking sector. Having graduated with a BA from Oxford University, she trained as a credit analyst at Chemical Bank, followed by roles in fixed income sales at CSFB and at Goldman Sachs. During her 14 years at Goldman Sachs she also served as Managing Director in Human Resources, going on to lead the global Human Resources functions as a Group Managing Director at UBS Investment Bank and Senior Managing Director at Nomura International.

Megan McDonald
Chief Executive Officer
Megan McDonald joined DCME as the CEO in January 2022. She has over 20 years’ experience in investment banking. After qualifying as a solicitor she started her banking career in debt capital markets with Standard Bank in 2001, Standard Bank is Africa’s largest bank by assets with a presence in 25 countries and over 40 000 employees.
Since then, she has held various roles across investment banking, working in South Africa, the United Kingdom and the United States. Megan has been responsible for the global leadership of the Debt Capital Markets business as well as the International Investment Banking business, managing product teams including equity capital markets, debt capital markets, mergers and acquisitions, advisory and loan origination and syndication supported by sales and trading teams in the US, UK, Africa and Asia.
Most recently she was the Global Head of Client Coverage, leading specialised teams focused on business strategy and client relationships across key markets, including London, Dubai, Beijing, New York and Brazil. Megan was recognised by Financial News as one of the top 100 Women in Finance in Europe and shortlisted by Women in Finance Awards London in 2019 in the Banker of the Year category. Megan holds Bachelor of Commerce and LLB degrees from the University of Kwa-Zulu Natal, South Africa and a BCL from Oxford University, England.

Manabu Takahashi
President
Manabu Takahashi became President of Daiwa Capital Markets Europe (“DCME”) in January 2026. He has over 20 years of experience across the Daiwa Group, having joined Daiwa Securities in 2002 and held a variety of client-facing, management and leadership positions in Japan, the United States, the United Kingdom, Switzerland, Germany and Japan.
During his international career, Manabu served as Director of the Japanese Equity Department at DCME before becoming Branch Manager of Daiwa’s Geneva office and subsequently Managing Director and CEO of Daiwa Capital Markets Deutschland GmbH. In these roles, he was responsible for leading multicultural teams, expanding client relationships and strengthening Daiwa’s presence across Europe, including establishing and developing the Frankfurt office.
Most recently, Manabu was Head of the Executive Office at Daiwa Securities Group Inc., where he supported the Group’s senior executives and Board of Directors and managed strategic engagement with key external stakeholders. His extensive international experience, leadership capabilities and deep understanding of global financial markets provide a strong foundation for leading DCME’s business across Europe.

Jim Gollan
Independent Non-Executive Director
Jim Gollan joined the DCME Board of Directors in 2024, and is Chair of the Remuneration Committee. He is also Chair of the Audit Committees of Euronext Securities, the operator of European securities depositaries, and Chair of Brain Research UK, a charity that funds medical research into neurological conditions.

Previously he was a director of Citibank Europe Plc, where he chaired its Audit Committee and a member of the Supervisory Board and Audit Committee Chair of Euronext NV. Before that he served on the Boards of the European subsidiaries of Bank of America Merrill Lynch.
His executive career includes roles as Board Chair, CEO and CFO, working in the United Kingdom, Europe and Asia in banking, fund management and financial markets with Standard Chartered, Lloyds Bank, Gartmore and SIX Group. Jim was also the practice leader of KPMG’s Financial Services Consulting, Asia and is a Fellow of the Institute of Chartered Accountants in England and Wales.
Financial Reports
Daiwa Capital Markets Europe Limited annual reports from 2015 onwards are available below. Country-by-country reporting in accordance with the Capital Requirements (Country-bycountry Reporting) Regulation 2013 for the year ended 31 March 2014 is available here. Archived reports are available on request. Daiwa Securities Group financials are available via the firm’s Investor Relations pages. For more information about the Daiwa Group's ratings, please click here:








