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SMBC Exclusive: A Look at New CEO Nakashima

After the unfortunate passing of Jun Ohta, (SMBC) Sumitomo Mitsui Financial Group, Japan’s second-largest bank, has appointed insider Toru Nakashima as CEO effective Dec. 1.

Toru Nakashima takes the helm as CEO of Sumitomo Mitsui Financial Group, continuing the bank’s expansion strategy. PHOTO: ALP/Bloomberg

Nakashima has been serving as interim chief since Ohta’s death on Nov. 25, and has long been considered Ohta’s heir apparent for the role.

Nakashima will have the task of building on the business expansion pursued by his

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