Sumitomo Mitsui Banking Corporation has expanded its private credit business in Asia with the hire of Yew Chuan Sima former Nomura executive. He will join SMBC’s loan capital markets department as head of private credit distribution, Asia Pacific, according to a statement.
Based in Singapore, he will lead the bank’s distribution efforts in the region to provide bespoke debt solutions to corporates, financial sponsors and ultra-high net worth clients. He will also work closely with the structured credit team headed by Junwei Wu, who joined in October 2023.
Sim has over 20 years of experience, most recently as head of credit sales, Southeast Asia at Nomura. Previously, he also worked at RBS, Merrill and Barclays.