Sumitomo Mitsui Trust International Brings In New MD; Predecessor Returns To Japan

Tom Burroughes

27 September 2016

Japan-based Sumitomo Mitsui Trust Group, holding $446 billion assets under management at the end of last year, has appointed Yukihiro Murota as managing director of Sumitomo Mitsui Trust International Limited in London, taking over from Hisaya Kambayashi who is returning to SuMi TRUST’s head office in Tokyo.

Murota will have responsibility for managing all aspects of SuMi TRUST’s global asset management business and driving growth in the EMEA region. He has been with SMTIL since April this year. Previously, he was associate general maanger of the fiduciary business planning department at Sumitomo Mitsui Trust Bank, the parent company of SMTIL.

Between 2005 and 2009, Murota was in charge of client portfolio management for public pension clients for the bank. From 1996 to 2005 he was a portfolio manager of global bond funds at SMTB, and also gained experience as a strategist on world economy and markets.