Hideo notsu smbc urayasu3/8/2023 As of December 31, 2021, its total assets were $2.18 trillion. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. The Group has more than 140 offices and 86,000 employees worldwide in nearly 40 countries. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. SMBC Group is a top-tier global financial group. Otsuka earned a Bachelor of Engineering (B.E.) degree with a focus on civil engineering from The University of Tokyo. He was instrumental in establishing the Houston Office in 2006, building the project finance and Latin America businesses in 2007, and held key senior management positions during his tenure in the Americas, including as Chief Representative of the Houston Office, Executive Vice President of SMBC Leasing & Finance, and Managing Director and Co-Head of the Specialized Finance Department. Otsuka spent more than a decade of his career in the Americas, from 2004 to 2014. He has led SMBC/SMFG’s long-term business strategy and development, including mergers and acquisitions of financial institutions in key Asian markets, such as Indonesia, India, the Philippines, and Vietnam. Otsuka was Executive Officer and General Manager of the Asia Business Strategic Planning Department from April 2019 to April 2020. Prior to his assignment as General Manager, Global Banking Unit for SMBC and Global Business Unit for SMFG, Mr. In recent years, his focus has been on business planning and strategies for the entire organization. He gained extensive experience in structured and project finance through his various positions at the company, including those roles covering real estate, public- private partnerships, leasing, energy and natural resources, and emerging markets. Earlier in his career, he had assignments in HR and Corporate Research. In this capacity, he oversaw groupwide global business development outside Japan. Otsuka was a Managing Executive Officer and General Manager, Global Banking Unit for SMBC, and General Manager, Global Business Unit for Sumitomo Mitsui Financial Group (SMFG) from April 2020 to April 2022. Otsuka as we strive to realize even greater promise and opportunity in the Americas.” Hyakutome on his new global responsibilities and thank him for his extraordinary vision and leadership in the Americas over three years. Jeffery added, “On behalf of the Board of Directors, I would like to congratulate Mr. ![]() His extensive knowledge of our business will help ensure the continuity of our planned and ongoing transformation and growth initiatives.” Otsuka brings a wealth of experience to the Americas from his 32 years at SMBC in various senior-level staff and line capacities, including a decade in the Americas. Otsuka will join us to lead the organization,” said Reuben Jeffery III, Chairman of the Board of Directors of SMBCAH. Otsuka is proposed to be elected as a member of the Board of Directors of SMBCAH and will be based in New York. In his new role, he will oversee the matters related to compliance globally. Hyakutome’s new assignment is Senior Managing Executive Officer and Group Chief Compliance Officer for SMBC Group in Tokyo. ![]() (“SMBCAH”) from Hiro Hyakutome, who served in these roles since April 2019. New York – April 19, 2022: SMBC, a member of SMBC Group, announced today that Hirofumi (Hiro) Otsuka will assume the positions of Chief Executive Officer of SMBC Americas Division and President and CEO of SMBC Americas Holdings, Inc.
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