Lazaro Campos, Head of the Banking Industry Division of SWIFT and Member of the Executive Committee, announced today that financial services consulting industry veteran Yoshiaki Watanabe has joined SWIFT as Representative in Japan.
Watanabe-san assumes the post previously held by Kazuhisa Fujimura, whose new commercial responsibility will be to build SWIFT's fast growing securities business.
"We are delighted that Watanabe-san has joined SWIFT and are confident that his years of experience as a strategic consultant to the financial services industry will position him strongly to lead our business in Japan," said Campos. He continued, "Japan is an extremely important market for SWIFT, ranking first in Asia and 10th globally, and with recent banking consolidation and industry reforms taking place, our member institutions are keen to maximise their use of SWIFT."
On Kazuhisa Fujimora's move to concentrate on Securities, Takashi Kimori, SWIFT Board Member from Japan, General Manager of Payment & Clearing Services Division, The Bank of Tokyo- Mitsubishi UFJ Ltd commented, "Fujimura-san has done a great job over the past five years. His extensive experience in clearing and custody will now be redeployed and leveraged fully as SWIFT intensifies its focus on the securities industry here in Japan." He welcomed the addition of Watanabe-san to the Japan team. "We are looking forward to working with him as he steers SWIFT to new heights here."
Yoshiaki Watanabe joins SWIFT from Sequedge Partners Inc., a strategic consulting firm where he was a Director. Previously, he worked at General Electric Commercial Finance where he was Vice President, Vendor Financial Services, Asia. Prior to that he was a Director in the Tokyo office of US management consultancy Booz Allen Hamilton, where he worked for thirteen years in both Tokyo and New York in various senior management positions and led a number of consulting projects in strategy development, M&A and process re- engineering for both Japanese and global companies. From 1986 to 1990 he worked for The Bank of Tokyo.
Mr. Watanabe is an MBA graduate of the University of Virginia, Darden Graduate School of Business Administration, and holds a BA in Law from Osaka University, Osaka, Japan.