Toru Nakashima on Nov. 30 said he wanted to lead Sumitomo Mitsui Financial Group to new heights. (Photo by Kento Awashima)
TOKYO — Sumitomo Mitsui Financial Group has named Deputy President Toru Nakashima as its next president and group CEO, choosing a manager with extensive political and government connections to succeed Jun Ohta, who died this past Saturday.
Nakashima was already acting president and acting group CEO. The permanent appointments were approved by SMFG’s board on Thursday and take effect Friday.
