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Sumitomo Mitsui Banking Corporation (SMBC) has taken on Edward Wong in Singapore to the newly-created position of head of forfaiting for Asia. Wong was previously at ABN Amro in Singapore. He will report to Lucio Matassoni in London for business areas.
SMBC is ramping up its Asia presence, claims Matassoni, with eyes firmly on Japan, Korea, China and India especially.
This hire and expansion is the first for the bank’s forfaiting business outside of London.