The latest senior wealth management moves and appointments in the Asia-Pacific market.

T Rowe Price
T Rowe Price has appointed Ramon Maronilla as fixed income portfolio specialist, based in Hong Kong. Maronilla is joining the firm’s investment specialist group, which has 46 specialists globally.

Maronilla, who assumed his role on 29 March, reporting to Sydney-based Nick Beecroft, Asia-Pacific head of investment specialist group, is working alongside the firm’s two other APAC-based fixed income portfolio specialists, Yukiko Hanai and Joran Laird.

Before joining T Rowe Price, Maronilla spent 11 years at JP Morgan Asset Management, where he was a managing director and head of fixed income investment specialists for Asia-Pacific-ex Japan. Prior to that, he served in similar roles at State Street Global Advisors and PIMCO. He holds an MBA from Columbia Business School and is a Chartered Financial Analyst® (CFA®) charterholder.

Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking Corporation has appointed Tomofumi Watanabe as managing director and co-general manager of the structured finance department, Asia-Pacific division.

Watanabe was previously based in Tokyo where he served as the GM of global structured finance department Tokyo. He has more than 10 years’ experience overseeing various structured finance transactions, including telecommunications, theme parks, transportation, shipping, energy, power and other infrastructure. Watanabe was also responsible for overseeing the opening of the SMBC office in Silicon Valley, California.

In his new role, based in Singapore, Watanabe oversees the bank’s regional portfolio focused on sustainable energy, infrastructure and natural resources. 

Watanabe, who has succeeded Ken Tomisaki, reports to the managing executive officers and co-heads of the Asia-Pacific division – Yuichi Nishimura and Rajeev Kannan.