TOKYO (Reuters) – Japan’s Sumitomo Mitsui Financial Group said on Thursday it has appointed Deputy President and Executive Officer Toru Nakashima as its group CEO following the death of its previous head, Jun Ohta, last week.
Nakashima’s appointment will take effect on Friday, Japan’s second-biggest lender said in a statement.
Nakashima, 60, joined then-Sumitomo Bank in 1986 and has been Ohta’s deputy since April. Ohta died of pancreatic cancer aged 65 on Saturday, the company said earlier this week.
(Reporting by Chang-Ran Kim; Editing by Jacqueline Wong)
