Sumitomo Mitsui Banking Corporation (SMBC) has appointed Yew Chuan Sim as head of private credit distribution, Asia-Pacific, in the loan capital markets department, in a move to expand its specialized lending origination and distribution capabilities in the region.

Based in Singapore, Sim will lead the bank’s distribution efforts in the region alongside its newly established structured credit team to provide bespoke debt solutions to corporates, financial sponsors, and ultra-high-net-worth clients across Asia-Pacific.

Sim has over 20 years of experience in investment banking and has worked at Nomura, RBS, Merrill, and Barclays. His most recent position is head of credit sales, Southeast Asia, at Nomura.

He will work closely with the structured credit team, headed by Junwei Wu who joined in October this year as part of the bank's expansion in Asia-Pacific.