Sumitomo Mitsui Banking Corporation (SMBC), a member of SMBC Group, announced that Paul Burke has joined the firm to lead a newly created Capital Solutions Group.

Based in New York, Burke will work across the SMBC Americas Division banking businesses to evolve balance sheet optimization strategies, while advising clients on loan portfolio and capital optimization transactions, with a focus on financial institutions and sponsor clients.

“We are pleased to welcome Paul to Team SMBC as his proven leadership adds significant value to our mix of clients,” said Hirofumi Otsuka, Chief Executive Officer, Americas Division and President and CEO of SMBC Americas Holdings, Inc. “Paul’s arrival and the creation of the new Capital Solutions Group underscores our commitment to growth in the Americas.”

With more than 20 years of industry experience, Burke joins SMBC from Morgan Stanley where he spent over 12 years working in both New York and London. He most recently served as the Head of Securitized Products Capital Markets in New York. Prior to Morgan Stanley, he worked in London in various banking roles at firms including Nomura and Royal Bank of Scotland. Paul started his career at Deloitte and is a Fellow of the Institute of Chartered Accountants in England and Wales.