Sumi Trust Global Asset Services' chief executive officer (CEO), Karl McEneff, is exchanging his executive responsibilities for the role of chairman and
non-executive director of Sumi Trust Ireland.
McEneff will be replaced by new CEO, Hiromitsu Tanaka, effective from March 1, 2015.
Tanaka has previously held responsibilities within Sumitomo Mitsui Trust Bank, focusing on the group's global and domestic asset servicing activities.
He has also spent time in New York as CEO of global custody business, Sumitomo Mitsui Trust Bank (USA), after which he was CEO of Japan Information System, an affiliate company of Sumi Trust.
Tanaka has worked with Karl McEneff and the teams in Tokyo, Dublin and London and continues to play a role in the overall management and development of the global asset servicing business. McEneff and Tanaka will also work together on a number of on-going projects in their new roles.
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