SMBC, a member of SMBC Group, appointed Mark Corteil managing director and chief credit risk officer for its Americas division.
In this role, Corteil will be responsible for overseeing all aspects of credit risk management in the Americas region. He will report to Kim Olson, chief risk officer for the Americas at SMBC, and Yasuhori Takahasi, global head of credit at SMBC. Takahasi is based in Tokyo.
“After an extensive search, we are very glad that Mark has joined our team,” Olson said. “Mark’s deep and broad credit skills and collaborative and dynamic leadership style will be instrumental in supporting our growth.”
Before joining SMBC, Corteil spent more than 10 years as the chief credit officer and head of global markets risk for State Street, where he was responsible for credit and market risk globally and actively undertook a variety of regulatory engagements. He also held several senior roles in credit risk for Deutsche Bank in support of its North American business. Corteil started his career in the UK and has more than 20 years of experience in the U.S. market.
