SMBC Appoints APAC Co-Heads

Singapore
Sumitomo Mitsui Banking
Executive Changes

(5 April 2022 – Singapore) Sumitomo Mitsui Banking Corporation (SMBC) has named Yuichi Nishimura and Rajeev Kannan as managing executive officers and co-heads of the Asia Pacific division.

Based in Singapore, Nishimura and Kannan succeed Yoshiaki Kageyama and Chow Ying Hoong in the roles.

Nishimura has spent more than three decades with SMBC, beginning in Tokyo in 1989 when he joined what was then known as TaiyoKobe Bank. He was most recently SMBC's managing executive officer and deputy head of the Americas division based out of New York.

Kannan has over 27 years of banking experience, most recently as SMBC’s deputy head of the APAC division and general manager of corporate banking. He also sits on the board for the Clifford Capital Group of companies, Pierfront Capital Pte Ltd, Fullerton India Credit Company Limited and ESR Cayman Limited.

“I look forward to working closely with Mr Kannan to deliver on SMBC’s Asia-centric strategic growth plan and help realise SMBC’s vision of becoming a trusted global solution provider committed to the growth of our customers and the advancement of society,” Nishimura said.

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