Sumitomo Mitsui Trust Group (SuMi TRUST) has announced the appointments of Akimichi Oi as Director of the Investment Management Department, and Kota Murakami as Director of Global Business Development, based in the firm’s London office.
Both appointments have been made to enhance SuMi TRUST’s global business development. Mr Oi will hold responsibility for international sales and the expansion of Sumitomo Mitsui Trust International, while Mr Murakami will primarily focus on the development and expansion of SuMi TRUST Group’s client base. Both will use their extensive experience to cultivate client relationships and establish new ties internationally.
Mr Oi joined SuMi TRUST in 2001 and moves from the Tokyo office where he was responsible for Asian investor relations as Head of Global Client Relations in Tokyo. Previously, he worked as a credit analyst and portfolio manager for fixed income strategies.
Mr Murakami joined SuMi Trust in 1990 and has covered many roles for the firm in various locations including Hong Kong and New York during this time. In his previous role as Head of the Investment Management Group in Hong Kong, he launched several new investment vehicles for the firm. He also conducted equity and FX trading prior to this within the Treasury Department in the Tokyo office.
Akimichi Oi, Director of the Investment Management Department at SuMi TRUST, said: “SuMi TRUST is dedicated to providing high-quality services to institutional clients that are both bespoke and transparent. As Japan’s largest asset management group we will continue to seek new opportunities to further build and strengthen our relationship with our clients, and expand our presence internationally.”
Kota Murakami, Director of Global Business Development at SuMi TRUST, said: “SuMi TRUST has seen a notable growth in its client base, facilitated through its expertise in both active and passive strategies, servicing pension funds and family offices as well as sovereign wealth funds. While nurturing these relationships, we will also further pursue the strategy of leveraging our experience and expertise to identify new opportunities.”
Akimichi Oi and Kota Murakami are both Chartered Members of the Security Analysts Association of Japan.