Mizuho Financial Group has recruited Richard Robinson to serve as vice chairman and managing director in its Industrials Group, an internal memo reviewed by the institution shows. Robinson moves to the Japanese lender after most recently holding the title of global vice chairman at Deutsche Bank, where he provided advice to corporate clients in the industrials, materials and energy sectors.
The memo, which sets out Robinson's new role and reporting lines, states that he will be based in New York and will report to David Hunt and Doug Jackson. The document also summarizes Robinson's long career advising on corporate transactions and capital markets activity.
Robinson's résumé, as described in the internal note, includes more than two decades at Morgan Stanley earlier in his career. At the time he left that firm he was co-head of the basic materials group in the Americas, according to the memo.
During his career, Robinson has advised on in excess of $500 billion of announced mergers and acquisitions and has assisted companies in raising more than $35 billion through equity and debt offerings, the memo states. It also records that his advisory experience extends to hostile takeover situations, defense assignments and engagements related to shareholder activism.
The memo is the source for the details of the hire. Mizuho and Deutsche Bank declined to comment on the appointment, the memo notes.
Context and implications
Robinson's profile, as outlined in the internal note, indicates deep experience across transactions that are particularly relevant to clients in industrials, materials and energy. His appointment places him in New York as a senior member of Mizuho's Industrials Group, responsible for advising corporate clients on M&A and capital markets activity, and connects him to Mizuho senior bankers David Hunt and Doug Jackson through direct reporting lines.
Limitations of available information
The internal memo provides the title, reporting structure and a summary of Robinson's prior roles and track record, but the publicly available details do not include additional specifics such as compensation, an exact start date, or further strategic plans for the Industrials Group under his tenure. Both Mizuho and Deutsche Bank declined to comment, which leaves certain operational details unconfirmed outside the memo itself.