J.P. Morgan has expanded its Commercial Banking business with senior appointments to the Corporate Client Banking & Specialized Industries (CCBSI) team in Japan. Shotaro Akita has been hired to lead the team.
“Japan is one of J.P. Morgan’s most important markets, and we’re investing in top talent to serve our clients’ evolving cross-border and increasingly complex needs to help them achieve long-term success,” said Steve Rinoie, senior country officer for J.P. Morgan in Japan.
Akita has been advising companies on their financial needs for more than 20 years, most recently for Mitsubishi UFJ Morgan Stanley where he spent 12 years in corporate finance leading M&A and financing transactions.
In addition to Akita, CCBSI Japan has added:
- Toshiyuki Okuyama as a senior banker, who brings 30 years of corporate banking experience in Japan and abroad. He was previously a corporate banking director for Bank of America.
- Masato Sato as a senior banker, who brings more than 15 years of investment banking experience. He was previously a client coverage banker for J.P. Morgan’s Corporate & Investment Bank.
- Hideki Hiramatsu to lead Treasury Services for CCBSI Japan to support clients with treasury services capabilities, such as cash management, payment and trade solutions. With more than 22 years of banking experience, Hiramatsu joins the firm from Standard Chartered Bank’s Tokyo Branch, where he was most recently the head of Cash for the transaction banking division serving corporate clients.
Japan is the newest market in J.P. Morgan’s CCBSI global expansion effort.
“We’re focused on expanding our reach and helping clients realize their global ambitions for growth and success – from subsidiary companies with vast footprints and now local corporates,” said Pravin Advani, head of CCBSI Asia-Pacific at J.P. Morgan.