Teisuke Kitayama

Teisuke Kitayama

Aspen Institute Trustee , President, Aspen Institute Japan

Teisuke Kitayama is Chairman of the Board of Sumitomo Mitsui Banking Corporation (SMBC). He joined The Mitsui Bank in 1969. After holding managerial positions at various domestic branches and head-office departments, including the Planning Division, he was appointed General Representative in Thailand and General Manager of Bangkok Branch in 1995. He returned to Japan in 1997 and, was appointed Director, General Manager of Planning Division. In 1999 Furthermore, he was appointed Secretary General of Integration Strategy Committee to orchestrate the merger with The Sumitomo Bank. After the merger in 2001, Mr. Kitayama was appointed Managing Director and was in charge of a number of head-office departments, including International Banking Unit and Corporate Planning Department, until 2003 when he was appointed Senior Managing Director of SMBC and Sumitomo Mitsui Financial Group Inc. (SMFG). In 2005, he rose to the post of Chairman of the Board of SMBC and President of SMFG. He embarked on a plan to build a solid foundation for the next stage of the SMFG Group’s development as a global financial services group by reinforcing the corporate infrastructure, including risk management and compliance, maximizing the SMFG Group’s strengths of “Spirit of Innovation,” “Speed” and “Solution & Execution,” and enhancing cooperation between group companies. In 2011, Mr. Kitayama resigned as President of SMFG, entrusting a new generation of executives to steadily move the group forward in the next level of growth. Born in Tokyo, Japan, Mr. Kitayama received a Bachelor of Liberal Arts degree from The University of Tokyo in 1969. He is married with a daughter.