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.
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.