Sumitomo Mitsui Financial Group CEO Jun Ohta Dies at 65
Deputy President Toru Nakashima to Assume Duties Until Successor is Appointed
- Jun Ohta, CEO of Sumitomo Mitsui Financial Group (SMFG), died on November 25 at the age of 65 due to pancreatic cancer.
- Ohta had been with SMFG since 1982, becoming group CEO in April 2019.
- Deputy President and Executive Officer Toru Nakashima will perform CEO duties until a successor is appointed.
- Ohta was known for his efforts to expand SMFG's international presence, notably through an alliance with U.S. investment bank Jefferies Financial Group.
- Ohta also served as a vice chairman of Keidanren, Japan's largest business lobby.