Sunday, 22 December 2024
SMBC boosts Asia Pacific private credit with senior hire
Sumitomo Mitsui Banking Corporation (SMBC) has announced the appointment of Yew Chuan Sim as head of private credit distribution, Asia Pacific in the loan capital markets department, in a move to invest and expand its specialised lending origination and distribution capabilities in the region.
Based in Singapore, Yew Chuan will lead the bank’s distribution efforts in the region alongside its newly established structured credit team to provide bespoke debt solutions to corporates, financial sponsors and ultra-high net worth clients across Asia Pacific.
Yew Chuan has over 20 years of experience in investment banking and has worked in Nomura, RBS, Merrill, and Barclays. His most recent position is head of credit sales, Southeast Asia, at Nomura. His appointment will bring valuable experience and insights specific to credit distribution in Asian markets and support SMBC’s expansion in the region.
Yew Chuan will work closely with the structured credit team, headed by Junwei Wu who joined in October this year as part of the bank's continued growth in Asia Pacific.
Aaron Chow, general manager, loan capital markets department, Asia Pacific at SMBC, said: “We are excited to welcome Yew Chuan to SMBC, as we continue to commit and invest in expanding our franchise via structured and bespoke product offerings to financial sponsors, corporates and ultra-high net worth clients. We are excited for the rollout of the new platform, in line with our aspirations for further growth in the region.”
Re-disseminated by The Asian Banker
