ブックメーカー 合法 4
Enhancing Corporate Infrastructure Under a New Governance Framework

1. New leadership and enhancing corporate governance

On April 1, 2017, Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Mitsui Banking Corporation (SMBC) inaugurated a new management team. ブックメーカー 合法 major members were: Koichi Miyata, who had been President of SMFG and assumed double roles as Chairman of ブックメーカー 合法 Board of SMFG and SMBC; Takeshi Kunibe, new President of SMFG and Group CEO, and former President of SMBC; and Makoto Takashima, new President and CEO of SMBC, and former Senior Managing Executive Officer at SMBC.

One of ブックメーカー 合法 earliest tasks undertaken by ブックメーカー 合法 new leadership team was enhancing ブックメーカー 合法 corporate governance of SMFG and SMBC Group. ブックメーカー 合法 highlight of ブックメーカー 合法 related initiatives was a shift from a “Company with Board of Company Auditors” to a “Company with a Nominating Committee, etc.,” which was undertaken in fiscal year 2017 (ended March 2018).

SMFG had started engaging in organizational efforts to address ブックメーカー 合法 issue of corporate governance in 2015, when ブックメーカー 合法 company established ブックメーカー 合法 SMFG Corporate Governance Guidelines in May, and defined ブックメーカー 合法 enhancement of corporate governance as one of ブックメーカー 合法 highest priority management issues. Accordingly, in June ブックメーカー 合法 same year, ブックメーカー 合法 number of outside directors was notably increased. Then, in June 2017, SMFG changed its institutional status to a “Company with a Nominating Committee, etc.” Behind this transition, there were two intentions. One is to strengthen corporate governance by enhancing ブックメーカー 合法 supervision of ブックメーカー 合法 Board and ブックメーカー 合法 other is that as a Global Systemically Important Bank (G-SIB), ブックメーカー 合法 status was better suited to dealing with international financial regulations and oversight, and was expected to help make communication smoother with overseas institutional investors and regulatory authorities.