People Moves
Japan's SMBC Names Asia-Pacific Deputy Head
The former Credit Suisse senior figure will be taking on a role that will involve overseeing the structured lending and private wealth businesses of the Japanese firm.
Japan’s Sumitomo
Mitsui Banking Corporation has appointed former Credit Suisse senior
figure Carsten Stoehr as managing director, deputy head of
Asia-Pacific, with effect from 19 February.
Stoehr will be joining after having a 25-year career at
Credit Suisse. He was most recently managing director, CEO –
Greater China, and chairman of Credit Suisse (HK) Ltd and Credit
Suisse Securities (HK) Ltd.
The new role will involve Stoehr overseeing the
structured lending and private wealth businesses across the
region. Based in Singapore, Stoehr will report to the co-heads of
Asia-Pacific, SMBC.
In a financial services career spanning more than three decades,
Stoehr has worked in London, Tokyo and Hong Kong. He had a stint
at Standard Chartered where he was global head of capital markets
and financial market sales.
“As we enhance our regional and global platforms, our focus is to
continue to provide bespoke and market-leading solutions to
financial sponsors, corporates and private wealth clients,"
Yuichi Nishimura, managing executive and co-head of Asia-Pacific,
said.