SMBC MALAYSIA ANNOUNCES APPOINTMENT OF PRESIDENT/CHIEF EXECUTIVE OFFICER

Mr Tetsuya Kainaka, the new President/Chief Executive Officer of SMBC Malaysia

KUALA LUMPUR, Feb 25 (Bernama) -- SMBC Malaysia has announced the appointment of Mr Tetsuya Kainaka, 51, as President/Chief Executive Officer effective 23 January 2019.
 
Mr. Kainaka comes to the role with more than 25 years of banking experience under his belt. He has spent considerable time in Asia and North and South America in corporate banking and treasury.
 
Most recently, Mr. Kainaka was the General Manager of SMBC’s Global Client Business Department based in the bank’s headquarters in Tokyo, where he managed the non-Japanese multinational clients’ business based in Japan.
 
Prior to this role, Mr. Kainaka spent three years each in North and South America, managing the corporate banking department from New York and then moving to Brazil to oversee business planning and promotion and the treasury business in Banco Sumitomo Mitsui Brasileiro S.A., Sao Paulo Brazil (a 100% subsidiary of SMBC in Brazil).
 
Mr Kainaka first joined Sumitomo Mitsui Banking Corporation (formerly Sumitomo Bank Limited) in April 1991, after graduating from Waseda University in Tokyo, Japan, with a bachelor’s degree in law.

About Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation (“SMBC”) was established in April 2001 through the merger of two leading banks of The Sakura Bank, Ltd and The Sumitomo Bank, Ltd.

SMBC is one of the largest banks in Japan, and works with other companies within the Group to provide a comprehensive suite of financial services to clients.
 
About Sumitomo Mitsui Banking Corporation Malaysia Berhad 

Sumitomo Mitsui Banking Corporation Malaysia Berhad (SMBCMY) is a public limited company incorporated and domiciled in Malaysia operating under a full banking license awarded by Bank Negara Malaysia in 2010 and commenced its business in April 2011. The Bank is principally engaged in full-fledged wholesale and institutional banking and its related financial services. As at 31 March 2018, the total assets of the Bank amounted to RM17.1bil.
 
The immediate and ultimate owners of the Bank are Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Financial Group, Inc. respectively. Both companies are incorporated in Japan.
 
SOURCE: Sumitomo Mitsui Banking Corporation Malaysia Berhad
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Julie Lim
Planning Department
Sumitomo Mitsui Banking Corporation Malaysia Berhad
Tel: +603-2176 1410/+6016-370 5300
Fax: +603-2165 1599
Email: julie_lim@my.smbc.co.jp 
 
--BERNAMA