Kotaro Hagiwara

I would like to express my heartfelt gratitude for your patronage.

I, Kotaro Hagiwara, was appointed as President & CEO of SMBC Trust Bank Ltd. on June 28, 2024.

SMBC Trust Bank made its start in October 2013 when we welcomed Societe General Private Banking (Japan) Ltd. into the SMBC Group. In November 2015, the retail banking business of Citibank Japan joined, and launched a new brand called "PRESTIA". In October 2023, we marked 10th anniversary since the establishment of the Bank.
On this occasion, I would like to express my sincere gratitude for your warm support and business.

Over the past decade, we have evolved into a trust bank with a leading edge in foreign currency and real estate business by providing a wide range of solutions leveraging three key functions; "Foreign Currency," "Real Estate," and "Trust."
Specifically, we maintain the top market share of the domestic market for foreign currency deposit balances, and with that advantage, we are focusing on a "total asset approach" that responds not only to the need for financial assets, but also to the need for non-financial assets such as real estate. We also provide trust asset management and succession solutions to private banking clients, which have been well received.
In the real estate business, the brokerage business has continued to grow in recent years, by closing of large-scale deals. We also have embarked on new initiatives such as security token offerings using real estate as the underlying asset.

In order to accelerate and solidify these efforts, in 2023 we set a new vision, "To be a 'Trust Bank' growing together with our customers and society as a solution provider of Foreign Currency, Real Estate, and Trust services", and launched a new medium-term management plan with its slogan as "Create the 'Next'".
Last year, we achieved an increase in profits that exceeded those of FY2022, which we positioned as the first year of our growth stage, enabling us to make a good start in the first year of the medium-term management plan.
We will continue to build a workplace where employees can thoroughly use individual abilities and teamwork, and grow by providing our customers with the unique services we made. At the same time, we contribute to a sustainable society by addressing social issues we face. As a result, we aim to be a trusted company by our stakeholders.

Sincerely,

Kotaro Hagiwara
President & CEO

Kotaro Hagiwara