SMBC Malaysia appoints Atsuhide Shiojiri as new president, CEO

KUALA LUMPUR (May 23): Sumitomo Mitsui Banking Corporation Malaysia Bhd (SMBC Malaysia) on Thursday announced it has appointed Atsuhide Shiojiri as its new president and chief executive officer, effective April 30, 2024.

The appointment follows the departure of Hiroshi Okawa, who has returned to Japan to assume a new role within the SMBC Group.

Shiojiri’s primary focus will be leveraging SMBC Group’s extensive expertise and resources to introduce innovative solutions for customers in Malaysia and foster global connections, according to the bank in a statement Thursday.

It added that Shiojiri’s deep corporate banking experience and understanding of SMBC’s operations will play a crucial role in driving the growth of transaction banking and deposit placements, which align well with the business strategy of SMBC’s Asia-Pacific division.

Shiojiri began his career at the bank when it was known as Sakura Bank in 1996. Over the years, he has held various leadership positions within the SMBC Group across different markets, including Japan, Belgium, the United Kingdom, and Germany.

He also had a secondment to an affiliated company of one of the bank’s customers in Hungary.

Prior to his posting to Kuala Lumpur, Shiojiri served as managing director and head of marketing at SMBC Bank EU AG in Frankfurt, Germany, since June 2021.

One of Shiojiri’s notable contributions was overseeing the successful merger of SMBC Bank EU AG and SMBC Nikko Capital Markets Europe GmbH that resulted in the formation of a Universal Bank in April 2022, allowing the bank to offer a full range of financial services through a single entity.

Datuk Wan Mohd Fadzmi, chairman of SMBC Malaysia, expressed confidence in Shiojiri’s extensive experience in diverse markets and strategic mindset.

"With his extensive experience in diverse markets and strategic mindset, he is well-placed to propel the Bank’s ambitions in Malaysia and beyond," Fadzmi said.

SMBC Malaysia, a public limited company incorporated and domiciled in Malaysia, is primarily engaged in full-fledged wholesale and institutional banking, along with related financial services.

The bank operates under a full banking licence awarded by Bank Negara Malaysia in 2010 and commenced its business in April 2011.

OTHER NEWS

6 hrs ago

Malaysia still in my heart, says Misbun

6 hrs ago

F1 2026 tech analysed: The future of overtaking and biggest car advantage identified

7 hrs ago

The TVLine-Up: What's Returning, New and Leaving the Week of June 16

7 hrs ago

J-Rod goes deep to help Mariners win for 6th time in 7 games, 7-5 over Rangers

7 hrs ago

Big-money Dodgers starter leaves game with concerning injury

7 hrs ago

Elderly man does not let disability stand his way of making origami craft to earn a living

7 hrs ago

Waz Lian group founder dies at 72

7 hrs ago

Ex-cop who saved boy from drowning 19 years ago wants to meet up with him

7 hrs ago

An emergency Cardinals-Mets trade to get Andre Pallante out of the rotation

7 hrs ago

School bus fares in peninsula won’t go up, group assures parents after govt rolls out targeted diesel plan

8 hrs ago

Ryan McMahon pulled off the smoothest move to steal home for a Rockies run

8 hrs ago

Ortiz and Wilson lead Brewers to 3-1 win over the Reds

8 hrs ago

Father's Day: Azizulhasni Awang opens up about dad guilt

8 hrs ago

Fuel on the fire

8 hrs ago

Making sure the food on our plates is safe

8 hrs ago

From the sea to statelessness: the tale of the Bajau Laut

8 hrs ago

Perikatan names late Sungai Bakap rep's aide to defend seat in by-election

9 hrs ago

Court of Appeal overturns Industrial Court award favouring retrenched ex-manager

9 hrs ago

G7 leaders put on good show of unity, but look fragile at home

9 hrs ago

Three Padres prospects who should be untouchable in trade talks

9 hrs ago

New York Yankees vs Boston Red Sox final score, results: Alex Verdugo dominates in Yankees' 8-1 win

9 hrs ago

Unlocking doors with Mandarin fluency

9 hrs ago

Parent groups in several states continue to push back on DLP taught in BM, says there are other ways to improve national language

9 hrs ago

Switzerland sink Hungary to make strong start at Euro 2024

9 hrs ago

What's It Like Playing Nightclubs With Your Dad?

9 hrs ago

Dads caught in a double bind

9 hrs ago

Washington Post CEO and Exec Editor Used Stolen Phone Records While at Sunday Times, Former Colleagues Say

9 hrs ago

Paulo Londra's ‘Paracaídas' & More: Which Is Your Favorite New Latin Music Release This Week? Vote!

9 hrs ago

Kentucky baseball's historic walk-off homer to win its first-ever CWS game came with such a great radio call

9 hrs ago

Tayla Parx's Happiest ‘Era' Has Just Begun

9 hrs ago

Lauren Jauregui Shows Love to Normani on ‘Dopamine' Release Day: ‘LET'S GO MANI'

9 hrs ago

Sacked, suspended Umno members not critical of party should be welcomed back, says analyst

9 hrs ago

Sabah is Sabah, not Sarawak

9 hrs ago

Solutions to address shortcomings

9 hrs ago

Gordon Ramsay Says He's "Lucky" to Be Alive After "Really Bad" Bicycle Accident

10 hrs ago

Souness warns of Swiss and Hungary task

10 hrs ago

'One of the best lies I've ever heard': Colorado head coach Deion Sanders addresses report of forced concert attendance

10 hrs ago

Cut Out Dragon Age: Inquisition’s Filler And Stick To The Good Stuff With These Mods

10 hrs ago

I Tested the Viral Canon PowerShot G7 X Camera to Find Out If the Hype Is Deserved

10 hrs ago

No price war brewing up north