In one of the roles, the work involves providing bespoke debt solutions to clients including ultra-high net worth individuals.

Japan’s Sumitomo Mitsui Banking Corporation has appointed Junwei Wu and Sukrit Dewan to leadership roles in Asia-Pacific.

Junwei Wu is joining today as head of structured credit for Asia-Pacific, based in Singapore. The team in which Wu and Dewan operate is a new one for the bank. 

In this role, Wu will provide bespoke debt solutions to corporate, financial sponsors and ultra-high net worth clients. Prior to joining, he was the head of structuring for Southeast Asia and India at Credit Suisse.

Sukrit Dewan joined SMBC in Hong Kong as head of global sponsor coverage for Asia-Pacific, where he will work with the firm’s regional and global partners. With more than 17 years of experience in banking across Europe, the US and Asia-Pacific, Dewan has worked at Credit Suisse, Mizuho Bank and Société Générale.

They report to Fabien Banaletti and Taku Kimura, who jointly head the specialised products business in Asia-Pacific.

“These senior hires continue the expansion of our platform in Asia-Pacific and is a testament to our growth ambitions and commitment to the region. As we build our regional and global platforms, our ability to provide bespoke and market leading solutions to financial sponsors, corporates and ultra-high net worth clients will be further strengthened," Rajeev Kannan, co-head of Asia-Pacific, said.