Sumitomo Mitsui Banking said to be appointing Fukutome as next CEO

Sumitomo Mitsui Banking said to be appointing Fukutome as next CEO

Pedestrians walk past a Sumitomo Mitsui Banking Corp. branch in Tokyo, Japan, on Monday, Jan. 26, 2015. Photographer: Tomohiro Ohsumi/Bloomberg

Sumitomo Mitsui Banking Corp, the main banking arm of Japan’s second-largest financial group, will appoint Senior Managing Executive Officer Akihiro Fukutome as its next chief executive, a person with knowledge of the matter said late on Wednesday.