SMBC reels new managing executive officer and co-head for Asia Pacific

Katsufumi Uchida succeeds Yuichi Nishimura in this role.

Sumitomo Mitsui Banking Corporation (SMBC) announced the appointment of Katsufumi Uchida as the new managing executive officer and co-head of the Asia Pacific Division, based in Singapore, effective today.

Uchida previously served as the head of Asia Business Development Division and deputy head of Asia Pacific Division, holding the position of managing executive officer at Sumitomo Mitsui Financial Group. 

With over three decades of experience within the bank's global network, Uchida has been instrumental in structured finance and fostering growth in emerging markets across key locations in Asia and Europe.

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Uchida succeeds Yuichi Nishimura in this role and will be joining Rajeev Kannan as managing executive officer and co-head for Asia Pacific. 

Together, they will lead the division and oversee its operations in the region.

In his statement, Uchida expressed his honour in assuming the new role and emphasised his commitment to working closely with the team to enhance SMBC's capabilities for transformation, growth, and creating social value in the region.