Sumitomo Mitsui Banking Corporation (SMBC) has appointed Katsufumi Uchida as the new managing executive officer and co-head of the Asia-Pacific division, effective April 1.

Singapore-based Uchida most recently served as head of Asia business development division and deputy head of the Asia-Pacific division, as a managing executive officer of Sumitomo Mitsui Financial Group.

He joined The Sumitomo Bank in 1990, which through mergers is now known as SMBC. He has over three decades of experience serving within the bank’s global network across key locations in Asia and Europe, with a significant focus on structured finance and fostering growth in emerging markets.

Uchida takes on the role previously held by Yuichi Nishimura and joins Rajeev Kannan as managing executive officer and co-head for Asia-Pacific. Together, they will lead the division and oversee its operations in the region.