Wealth & Finance May 2017

9 May 2017 SuMi Trust’s Yoshio Hishida Appointed to Drive Global Development of Asset Management Business Sumitomo Mitsui Trust Group (SuMi TRUST), Japan’s largest asset management group with US$727 billion assets under management*, has announced that Yoshio Hishida, Managing Executive Officer, has been appointed to lead the global business development of SuMi TRUST’s asset management business. As part of his expanded role, Mr Hishida aims to further strengthen SuMi TRUST’s client relationships and build new ties beyond Japan by lever- aging the firm’s established client base and his extensive experience in the industry. Mr Hishida joined The Sumitomo Trust & Banking Co., Ltd in 1986 as a Portfolio Manager in its global equities team. He was an Investment Officer from 1999 to 2004 and has extensive expertise in strategy and management, having served also as an Executive Officer of Sumitomo Mitsui Trust Bank Limited and as the General Manager of Fiduciary Service Business Planning Department at The Sumitomo Trust & Banking Co., Ltd. Mr Hishida, Managing Executive Officer at SuMi TRUST, said: “As Japan’s largest asset management group, we have a long history dedicated to providing services to institutional clients, developing high quality product s and bespoke services with discipline and transparency. Through leveraging our expertise in both active and passive strategies in Japanese and global equities, our client base has grown to include pension funds, financial institutions and family offices in Europe and Asia as well as sovereign wealth funds in the extended EMEA region. By nurturing strong relationships with existing clients, and developing new relationships outside of Japan, we aim to capitalise on our expertise and continue expanding our presence globally.” Yoshio Hishida is also director of The Securities Analysts Association of Japan and a CFA charterholder. www.smtil.com