Timothy Ash is head of EMEA strategy for Nomura International. Before that, he was head of emerging markets (ex-Africa) research at Standard Bank in London. Ash joined the bank from RBS, where he was global head of emerging markets research. Prior to RBS, he was head of CEEMEA research at Bear Stearns, following similar stints with West Merchant Bank/West LB, ABN Amro and Caspian Securities. Tim holds a master’s degree in economics from Manchester University. He was a post graduate research fellow at Exeter University and Herriot-Watt University, where he specialized in transitions from a planned to market economy. He has also worked as a country economist at the Economist Intelligence Unit.