Sumitomo Mitsui Financial Group

SMBC Appoints Gordon Wilson as U.S. Chief Information Officer

Retrieved on: 
Tuesday, August 3, 2021
Banking, Professional services, Finance, Sumitomo Mitsui Financial Group, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Banks, Financial services, Gordo, Companies

SMBC, a member of SMBC Group, today announced that Gordon (Gordo) Wilson has been appointed as U.S. Chief Information Officer.

Key Points: 
  • SMBC, a member of SMBC Group, today announced that Gordon (Gordo) Wilson has been appointed as U.S. Chief Information Officer.
  • Gordo, who joined the firm in February 2020 to lead the development and execution of its enterprise-wide data strategy, will also retain his responsibilities as U.S. Chief Data Officer for SMBC Americas Division.
  • Were very excited that Gordo has been elevated to become the new Chief Information Officer in the U.S., said Natsuhiro Samejima, U.S. Chief Operating Officer, SMBC Americas Division.
  • He will be responsible for all aspects of information technology and systems of SMBC, including all Group companies in the Americas.

Masdar joint venture reaches financial close and starts construction on Indonesia's first utility-scale floating solar power plant

Retrieved on: 
Tuesday, August 3, 2021
Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Financial Group, Masdar, Companies, Banks, Cities in the United Arab Emirates

Financing for the project, Indonesia's first floating solar power plant, was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.

Key Points: 
  • Financing for the project, Indonesia's first floating solar power plant, was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.
  • Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PJBI, and is expected to begin commercial operation in the fourth quarter of 2022.
  • "The Ministry of Investment fully supports the investment realization of the Cirata Floating Solar Project by PT.
  • "This floating power project is a first for Indonesia, and is also a significant step in PJBI's renewable energy journey," said Amir Faisal, President Director of PJBI.

SPARX Group to Establish "Mirai Creation Fund III"

Retrieved on: 
Monday, August 2, 2021
Companies, Economy of Japan, Economic history of Japan, Sumitomo Group, Mitsui, Keiretsu, Zaibatsu, SPARX Group, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, Mirai, Toyota

Toyota City, Japan, Aug 2, 2021 - (JCN Newswire) - SPARX Group Co., Ltd. ("SPARX") has established the Mirai Creation Fund III ("Fund III").

Key Points: 
  • Toyota City, Japan, Aug 2, 2021 - (JCN Newswire) - SPARX Group Co., Ltd. ("SPARX") has established the Mirai Creation Fund III ("Fund III").
  • The two seed LPs for the Mirai Creation Fund II ("Fund II"), Toyota Motor Corporation ("Toyota") and Sumitomo Mitsui Banking Corporation ("SMBC"), are to participate again as initial investors in Fund III.
  • artificial intelligence), Robotics, Technologies for a Hydrogen-Powered Society, Electrification, and New Materials that Fund II (formed in October 2018) focused on, the Mirai Creation Fund III mandate also will include global companies that provide solutions that promote carbon neutrality.
  • - With SPARX Asset Management Co., Ltd., a subsidiary of SPARX, acting as Fund III's fund manager and with an initial commitment from Toyota, SMBC, and SPARX totaling approximately YEN15.0 billion, Mirai Creation Fund III investment activities are scheduled to begin from October 2021.

SMBC Americas Holdings, Inc. Elects Analisa M. Allen and Morris R. Morgan as Independent Directors

Retrieved on: 
Tuesday, July 20, 2021
Professional services, Insurance, Finance, Consulting, Banking, Accounting, Sumitomo Mitsui Financial Group, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Banks, Financial services, Companies

SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group, announced today that it has elected Analisa M. Allen and Morris R. Morgan as independent directors.

Key Points: 
  • SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group, announced today that it has elected Analisa M. Allen and Morris R. Morgan as independent directors.
  • Were very pleased to welcome Analisa and Morris to the SMBCAH board.
  • In 2020, Mr. Morgan joined Chain Bridge Partners, LLC, a leading independent financial regulatory risk management advisory firm, as Managing Director.
  • In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru.

Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth

Retrieved on: 
Wednesday, July 14, 2021
Banking, Professional services, Finance, Financial services, Sumitomo Group, Mitsui, Sumitomo Mitsui Financial Group, Economic history of Japan, Finance, Keiretsu, Zaibatsu, Sumitomo Mitsui Banking Corporation, Jefferies Group, Nikko Cordial, Richard B. Handler, Jefferies Financial Group, Inc., Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., JEFFERIES FINANCIAL GROUP, INC., SUMITOMO MITSUI FINANCIAL GROUP, INC., SUMITOMO MITSUI BANKING CORPORATION, SMBC NIKKO SECURITIES INC.

Jefferies Financial Group, Inc. (NYSE: JEF) (Jefferies Financial), the parent company of Jefferies Group LLC (Jefferies Group) (together hereafter referred to as Jefferies), and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG), Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities Inc. (SMBC Nikko) (together hereafter referred to as SMBC Group) announced today that they have entered into a Strategic Alliance to collaborate on future corporate and investment banking business opportunities.

Key Points: 
  • Jefferies Financial Group, Inc. (NYSE: JEF) (Jefferies Financial), the parent company of Jefferies Group LLC (Jefferies Group) (together hereafter referred to as Jefferies), and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG), Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities Inc. (SMBC Nikko) (together hereafter referred to as SMBC Group) announced today that they have entered into a Strategic Alliance to collaborate on future corporate and investment banking business opportunities.
  • Through the Strategic Alliance, Jefferies and SMBC Group will coordinate across highly accretive growth areas in the corporate and investment banking business.
  • SMBC will also provide financing to Jefferies Finance LLC (JFIN), the leveraged finance underwriting affiliate of Jefferies, to expand JFINs and Jefferies leveraged finance origination and underwriting efforts, as well as financing to Jefferies Group.
  • Rich Handler, Jefferies CEO, and Brian Friedman, its President, stated: We are pleased and excited to enter into this Alliance with SMBC Group and to get their support for Jefferies continued growth and momentum.

J.T. Cacciabaudo Joins SMBC Nikko Securities America, Inc. as Head of the Equity Execution Services Group 

Retrieved on: 
Wednesday, June 30, 2021
Professional services, Insurance, Finance, Consulting, Banking, Accounting, Sumitomo Mitsui Financial Group, Finance, Financial services, Banks, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Nikko Cordial, Security, Nikko, Daiwa Securities Capital Markets Co. Ltd., Daiwa Securities Group, SMBC Nikko Securities America, Inc., SMBC Group, SMBC NIKKO SECURITIES AMERICA, INC., SMBC GROUP

Cacciabaudo has joined the firm as head of the Equity Execution Services Group.

Key Points: 
  • Cacciabaudo has joined the firm as head of the Equity Execution Services Group.
  • The establishment of the Equity Execution Services Group and hiring of J.T.
  • Along with the current team, SMBC Nikko Securities America, Inc. has created a strong and experienced platform for continued growth in the U.S. equities business.
  • About SMBC Nikko Securities America, Inc.
    SMBC Nikko Securities America, Inc. is a member of SMBC Group, one of the worlds largest global financial institutions.

Glenfarne Group and Partners Group Secure Financing for EnfraGen’s Chilean Renewable Energy Growth

Retrieved on: 
Tuesday, June 15, 2021
Finance, Alternative energy, Energy, Professional services, Other Energy, Banks, Finance, Financial services, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Financial Group, BNP Paribas, SMBC, Renewable energy, EnfraGen, LLC, Glenfarne Group, LLC, Partners Group, ENFRAGEN, LLC, GLENFARNE GROUP, LLC, PARTNERS GROUP

Partners Group looks forward to further supporting EnfraGen's growth and leadership in the energy transition to a more sustainable future."

Key Points: 
  • Partners Group looks forward to further supporting EnfraGen's growth and leadership in the energy transition to a more sustainable future."
  • Lenders financing the transaction include Banco de Crdito e Inversiones (BCI), BNP Paribas, DNB Bank ASA and Sumitomo Mitsui Banking Corporation (SMBC).
  • EnfraGen is a developer, owner, and operator of grid stability and value-added renewable energy infrastructure businesses across Latin American investment-grade countries.
  • EnfraGens grid stability assets supply flexible capacity and energy to local and regional grids in support of renewable power plant intermittent energy production.

Randolph Habeck Joins SMBC Nikko Securities America, Inc. as Managing Director for Debt Syndicate Team; Brings Added ESG Financing Depth

Retrieved on: 
Tuesday, June 8, 2021
Professional services, Insurance, Finance, Consulting, Banking, Accounting, Sumitomo Mitsui Financial Group, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Financial services, Companies, Nikko Cordial, Banks, Daiwa Securities Group, SMBC Nikko Securities America, Inc., SMBC Group, SMBC NIKKO SECURITIES AMERICA, INC., SMBC GROUP

SMBC Nikko Securities America, Inc., a member of SMBC Group, announced today that Randolph (Dolph) Habeck joined the firm as a Managing Director in the Debt Syndicate team.

Key Points: 
  • SMBC Nikko Securities America, Inc., a member of SMBC Group, announced today that Randolph (Dolph) Habeck joined the firm as a Managing Director in the Debt Syndicate team.
  • Dolphs extensive ESG and sustainability experience will be a valuable asset for our fixed income franchise, globally said Bungo Miura, President for SMBC Nikko Securities America, Inc.
  • Prior to joining SMBC Nikko Securities America, Inc., Dolph was a Managing Director, Head of ESG and Head of Distribution, Americas, at Greensill Capital in New York.
  • About SMBC Nikko Securities America, Inc.
    SMBC Nikko Securities America, Inc. is a member of SMBC Group, one of the worlds largest global financial institutions.

SMBC Americas Holdings, Inc. Elects Kevin G. Chavers as Independent Director

Retrieved on: 
Wednesday, May 5, 2021
Professional services, Insurance, Human resources, Finance, Consulting, Banking, Mitsui, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Financial Group, Companies, Articles, Chaver, Audit committee, Corporations

b'SMBC Americas Holdings, Inc. (\xe2\x80\x9cSMBCAH\xe2\x80\x9d), a member of SMBC Group, announced today it has elected Kevin G. Chavers as an Independent Director, effective May 1, 2021.

Key Points: 
  • b'SMBC Americas Holdings, Inc. (\xe2\x80\x9cSMBCAH\xe2\x80\x9d), a member of SMBC Group, announced today it has elected Kevin G. Chavers as an Independent Director, effective May 1, 2021.
  • Mr. Chavers also serves as a member of the Audit Committee.\n\xe2\x80\x9cI am extremely grateful to welcome Kevin to the board,\xe2\x80\x9d said Hiro Hyakutome, CEO of SMBC in the Americas, who is also President & CEO of SMBCAH.
  • \xe2\x80\x9cKevin provides our board with a unique background and perspective and we look forward to his expertise and guidance.\xe2\x80\x9d\nMr.
  • Chavers has extensive experience in mortgage capital markets and housing finance policy in both the public and private sectors.

Scott L. Flood Joins SMBC as Managing Director and U.S. General Counsel 

Retrieved on: 
Tuesday, May 4, 2021
Professional services, Legal, Insurance, Finance, Banking, Accounting, Economic history of Japan, Sumitomo Mitsui Financial Group, Sumitomo Group, Mitsui, Companies, Economy of Japan, Sumitomo Mitsui Banking Corporation, Keiretsu, Zaibatsu, Nikko Cordial, SMBC, Daiwa Securities Capital Markets Co. Ltd.

b'SMBC, a member of SMBC Group, announced today the appointment of Scott L. Flood as Managing Director and U.S. General Counsel of the company and General Counsel of SMBC Americas Holdings, Inc. (SMBCAH), its U.S. bank holding company.\nIn this role, Scott will be responsible for overseeing the legal function for SMBC Group across the Americas, advising the Board and other senior executives on legal and regulatory issues.

Key Points: 
  • b'SMBC, a member of SMBC Group, announced today the appointment of Scott L. Flood as Managing Director and U.S. General Counsel of the company and General Counsel of SMBC Americas Holdings, Inc. (SMBCAH), its U.S. bank holding company.\nIn this role, Scott will be responsible for overseeing the legal function for SMBC Group across the Americas, advising the Board and other senior executives on legal and regulatory issues.
  • \xe2\x80\x9cScott brings to our organization a significant depth of experience overseeing the Legal functions for sales and trading businesses in his prior roles and is the ideal fit for this position.\xe2\x80\x9d\nScott joins SMBC from Citigroup, where he was a Managing Director and General Counsel of the Markets & Securities Services legal team.
  • Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan.
  • The Group\xe2\x80\x99s operating companies in the Americas include Sumitomo Mitsui Banking Corporation (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.\n'