SMBC Hires Mark Corteil as Chief Credit Risk Officer
August 09 2022 - 9:00AM
Business Wire
SMBC, a member of SMBC Group, announced today the appointment of
Mark Corteil as Managing Director and Chief Credit Risk
Officer for the Americas Division.
In this role, Mark is responsible for overseeing all aspects of
credit risk management in the Americas region. He reports to Kim
Olson, Americas Chief Risk Officer, and Yasuhori
Takahasi, Global Head of Credit, based in Tokyo.
“After an extensive search, we are very glad that Mark has
joined our team,” said Olson. “Mark’s deep and broad credit skills
and collaborative and dynamic leadership style will be instrumental
in supporting our growth.”
Prior to joining SMBC, Mark spent more than a decade as the
Chief Credit Officer and Head of Global Markets Risk for State
Street Corporation, where he was responsible for credit and market
risk globally and actively undertook a variety of regulatory
engagements.
Mark started his career in the UK and has more than 20 years of
experience in the U.S. market. He held several senior roles in
credit risk for Deutsche Bank in support of its North American
business.
About SMBC Group
SMBC Group is a top-tier global financial group. Headquartered
in Tokyo and with a 400-year history, SMBC Group offers a diverse
range of financial services, including banking, leasing,
securities, credit cards, and consumer finance. The Group has more
than 140 offices and 86,000 employees worldwide in nearly 40
countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the
holding company of SMBC Group, which is one of the three largest
banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya,
and New York (NYSE: SMFG) stock exchanges. As of March 31, 2022,
its total assets were $2.11 trillion.
In the Americas, SMBC Group has a presence in the U.S., Canada,
Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital
strength of SMBC Group and the value of its relationships in Asia,
the Group offers a range of commercial and investment banking
services to its corporate, institutional, and municipal clients. It
connects a diverse client base to local markets and the
organization’s extensive global network. The Group’s operating
companies in the Americas include Sumitomo Mitsui Banking Corp.
(SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities
Canada, Ltd., 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. For more information, please visit
www.smbcgroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220809005456/en/
AnneMarie Laorenza annemarie_laorenza@smbcgroup.com
Sumitomo Mitsui Financial (NYSE:SMFG)
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