Sumitomo Mitsui Banking Corporation

 

Organizational Revision of SMBC

 

TOKYO , October 1, 2009 --- Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) announced today a revision of SMBC organizational structure effective October 1, 2009.

 

Securities Business Planning Department has been established within the Planning Dept., Investment Banking Unit in order to enhance securities business planning in cooperation with Sumitomo Mitsui Financial Group as well as to strengthen the cooperation with and management of subsidiaries including Nikko Cordial Securities which became SMBC’s wholly owned subsidiary with today’s completion of the share acquisition.