J.P. Morgan has appointed Takenori Yoneda, a 30-year veteran in financial services, as head of corporate banking for Japan effective June 1, 2019, the firm announced on April 9. Based in Tokyo, Yoneda will report regionally to the head of corporate banking for Asia-Pacific Oliver Brinkmann, and locally to Steve Rinoie, senior country officer for Japan.

Yoneda joined J.P. Morgan in 2011 to help bolster the coverage of Japanese corporate clients in Southeast Asia, India, China and Australia. During this time, he contributed to the exponential growth of the treasury services and markets revenue through acquiring new businesses and deepening relationships with Japanese multinational corporations. Yoneda started his career at Sumitomo Mitsui Banking Corporation in 1987 (Sumitomo Bank at that time), and has worked as a corporate sales banker in Tokyo, New York and Singapore.

“As Japan represents a significant growth opportunity for the corporate banking business in the Asia-Pacific, we are excited to have Yoneda’s depth of experience to help drive our business forward and deliver greater value to our clients,” said Brinkmann.

“Corporate banking is an important and growing businesses in our Japan franchise. We have a clear investment roadmap for further expansion as we continue to build out products and capabilities, and look forward to Yoneda’s leadership in strengthening our presence in this market,” said Rinoie.