Sumitomo Mitsui CEO Ohta, Who Pushed Asia Growth, Dies at 65
- Cause of death was pancreatic cancer, bank spokesperson says
- Deputy Nakashima to act as CEO during search for successor
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Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan’s second-largest bank, has died. He was 65.
Ohta died on Saturday, the Tokyo-based lender said in a statement. The cause of death was pancreatic cancer, a spokesperson said on Monday.