SMFG - Leadership updates

SMBC Capital Markets, Inc., a member of SMBC Group, has announced the appointment of Shrikar Shah as Head of Interest Rates Structured Trading, advancing the firm's global Macro Rates platform and broader sales and trading business. A managing director based in New York and reporting to Gagan Sobti, Head of Macro Rates Trading, Shrikar will lead SMBC's Interest Rates Structured Trading desk. He will be responsible for building and expanding the firm's structured bond business, including platform development, product strategy, and governance, working closely with Partha Nandi, Head of Structured Solutions Sales and Trading. Shrikar brings more than 20 years of structured products experie

SMBC Group today announced the appointment of Juan (JC) Kreutz as Americas Head of Structured Finance Solutions and Deputy Head for the Americas business. Based in New York, JC will oversee the bank's structured product businesses, including project finance debt & advisory, real estate finance, leveraged finance, fund finance, transportation, leasing, and global trade finance, while also overseeing SMBC's Latin America region. "JC has made a significant impact on the SMBC Americas business in his 10-plus years with the bank, helping to sustain SMBC's leading position in U.S. project finance and advisory, while also growing our footprint in Latin America," said Hirofumi Otsuka, Chief Exe

Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG") President and Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent with agreements between Jefferies and Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC intends to increase its economic ownership of Jefferies to up to 15% on an as-converted and fully diluted basis, and recently increased its

Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division. In this role, Mark will serve on the Americas executive team and lead the firm in developing and maintaining a robust risk management framework, while embedding a strong culture of risk awareness and ownership across the Americas. "Mark has made a significant impact as a member of our risk management team and has consistently demonstrated a capacity for leadership," said Hirofumi Otsuka, Chief Executive Officer, SMBC Americas Division. "His deep knowledge of the space will help SMBC meet the demands of an evolving risk landscape as we continue to gr

Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced the appointment of Clarke Adams as Head of High Yield Capital Markets and Matt Burke as Head of Leveraged Finance Origination. Additionally, Clarke joins Miguel Roman as Co-Head of Leveraged Capital Markets. Managing Directors based in New York, Clarke and Matt will continue to grow SMBC Americas' capabilities across the origination, underwriting, structuring, and distribution of leveraged loans and high yield bonds for corporate and financial sponsor issuers. "Clarke and Matt bring extensive relationships with a range of large-cap sponsors and corporations," said Hirofumi Otsuka, Chief Executive Officer, SMBC

Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with Sumitomo Mitsui Banking Corporation, a global leader in finance and innovation. Earlier this year, the bank launched Jenius Bank, a digital division catering to U.S. consumers nationwide that offers personal loans with plans to provide savings accounts and a mobile app in the coming months. "Manufacturers Bank has been a long-term contributor to the community, and the launch of its new consumer digital division, Jenius Bank, is one more way t

SMBC Capital Markets, Inc., a member of SMBC Group, today announced the appointment of Marc Mansourian as Head of Derivatives Marketing as the bank further develops its Americas sales and trading business. Based in New York, Marc will lead a team that provides strategic rates and FX risk solutions for the bank's corporate, sponsor, and project finance clients, while working closely with SMBC's coverage and capital markets teams. Marc reports to Yunson Du, Senior Deputy President of SMBC Capital Markets, Inc. and Deputy Head of Americas Division Sales & Trading, who said: "We are excited to have Marc join SMBC and his arrival rounds out the key leadership of our macro business. He brings

SMBC Capital Markets, Inc., a member of SMBC Group, today announced the appointment of Matthew Grinnell as Head of Global Sponsor Coverage as the firm continues to grow its Americas Division Corporate Investment Bank. Based in New York, Matt will work across the Americas Division and coordinate with global partners to leverage all of SMBC's capabilities to deliver consistent, high-quality solutions to the bank's top sponsor clients. "We are pleased to welcome Matt aboard as we strengthen our Global Sponsor Coverage team," said Rich Eisenberg, Co-Head of Coverage and Capital Markets. "This continues to be an exciting time of growth and opportunity at SMBC." SMBC established the Global

SMBC Capital Markets, Inc., a member of SMBC Group, today announced the appointment of Gareth Hughes as Head of Trading. Gareth will be based in New York. In his new role, Gareth will lead SMBC's derivatives and macro rates trading business, focusing on improving the firm's trading capabilities to better meet the needs of a growing institutional client base. He will also partner with the SMBC Nikko Securities America, Inc. credit sales and trading team to align secondary market priorities and enhance SMBC's value to clients in the primary markets. Gareth reports to Yunson Du, Senior Deputy President of SMBC Capital Markets, Inc. and Deputy Head of Americas Division Sales & Trading, who

SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced the appointment of Steven Feinberg as Head of Credit for the Fixed Income Sales & Trading Group, based in New York. In his new role, Steven leads the U.S. Investment Grade, High-Yield, Emerging Markets, and Structured Products teams, overseeing the growth of the organization's sales and trading capabilities and strengthening of the product offering to SMBC's clients globally. He also works in partnership with the Capital Markets team to align secondary trading priorities and enhance SMBC's value to clients within its primary markets. Steven reports to Masahito Nonaka, Deputy President of SMBC Nikko Securities Ame

SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Raffi Dawson has joined the firm as Managing Director, Head of Structured Finance Group. In this new role, Raffi will be responsible for overseeing the securitization businesses, including conduit business, ABS and CLO. Raffi is based in New York, and reports to Scott Ashby, Head of Capital Markets and Investment Banking. "We are very excited to welcome Raffi to SMBC Nikko to lead our Structured Finance group," said Scott Ashby. "Raffi brings to the organization a wealth of experience to this role and will help support the sustained growth of our securitization business and further enhance and sharpen the exe

SMBC, a member of SMBC Group, announced today the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation. Both report to the SMBC Group in the Americas Chief Operating Officer, Debbie Freer. "Our company is growing exponentially and having the best leadership is critical. Both Robin and Paul bring decades of experience to their new roles, having finely honed their skills within their respective areas of expertise," COO Freer said. "Our promise is that we will learn our client's unique business needs. This hands-on, relationship-based approach differentiates us, but is also predicated on a skilled and engaged workforce fol

SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas. Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, "Rick brings to SMBC a superior track record of delivering results and creating and enhancing business and shareholder value. His breadth and depth of experience provide a compelling blend of strategic capital allocation discipline, well-honed operating skills, and transformational leadership abilities. Rick will be a strong partner as we execute our strategic plan and improve our operating results to position SMBC for sustainable, long-term growth." "I am exc

SMBC Nikko Securities America, Inc., a member of SMBC Group, announced today the appointment of Joseph (Joe) A. LaVorgna as Managing Director and Chief Economist. "To add someone of Joe's caliber speaks volumes about our dedication to our clients and to our commitment to hire top talent who broaden our team," said Yunson Du, Managing Director and Head of Fixed Income Sales and Trading. "This is one more building block in expanding our foundational expertise and enhancing the scope of services we offer institutional clients. Joe comes to us with solid experience as someone with gravitas when it comes to understanding the economy, macro and micro trends, and economic policy. As we continue t

SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced today the appointment of Christopher Baldwin and Josh Maio as Managing Directors. Christopher joins the Real Estate, Gaming & Leisure team within the Corporate & Investment Banking business unit. Josh joins the investment banking advisory group, where he will lead the origination and execution for Real Estate, Gaming & Leisure investment banking advisory business. Both are based in our New York office. "Christopher and Josh will expand upon our effort to provide tailored solutions for our hospitality clients," said Richard Eisenberg, Managing Executive Officer and Deputy Head of the Americas. "Their experience w

SMBC, a member of SMBC Group, announced today the appointment of Mark Corteil as Managing Director and Chief Credit Risk Officer for the Americas Division. In this role, Mark is responsible for overseeing all aspects of credit risk management in the Americas region. He reports to Kim Olson, Americas Chief Risk Officer, and Yasuhori Takahasi, Global Head of Credit, based in Tokyo. "After an extensive search, we are very glad that Mark has joined our team," said Olson. "Mark's deep and broad credit skills and collaborative and dynamic leadership style will be instrumental in supporting our growth." Prior to joining SMBC, Mark spent more than a decade as the Chief Credit Officer and Head of

SMBC, a member of SMBC Group, today announced the appointment of Debbie Freer as Chief Operating Officer (COO) for the Americas. The appointment was effective on April 1, 2022. Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, "Debbie's appointment as COO is a natural fit as she has spearheaded the successful transformation of our business in the Americas Division in addition to championing our diversity and inclusion initiatives. I am confident she will continue to lead our growth plans for SMBC in the region as well as ensure a relentless focus on our diversity efforts." Debbie commented, "As COO, I hope to push us further on o

SMBC, a member of SMBC Group, today announced that Gordon (Gordo) Wilson has been appointed as U.S. Chief Information Officer. Gordo, who joined the firm in February 2020 to lead the development and execution of its enterprise-wide data strategy, will also retain his responsibilities as U.S. Chief Data Officer for SMBC Americas Division. "We're very excited that Gordo has been elevated to become the new Chief Information Officer in the U.S.," said Natsuhiro Samejima, U.S. Chief Operating Officer, SMBC Americas Division. "Gordo's strong technology and data background makes him a perfect fit for this new role. He has been a member of the executive leadership team since joining the organizati

SMBC, a member of SMBC Group, announced today the appointment of Scott L. Flood as Managing Director and U.S. General Counsel of the company and General Counsel of SMBC Americas Holdings, Inc. (SMBCAH), its U.S. bank holding company. In this role, Scott will be responsible for overseeing the legal function for SMBC Group across the Americas, advising the Board and other senior executives on legal and regulatory issues. Scott will succeed in this role William Haney, who is retiring and will serve in an advisory capacity through the transition. "We are very pleased and excited to have Scott join the company," said Hiro Hyakutome, CEO of SMBC Americas Division as well as President & CEO of S