NEW YORK – July 16, 2026 – SMBC Capital Markets, Inc., a member of SMBC Group, today announced that Kunal Maini has joined the firm as Deputy Co-Head of Global Markets and International Head of Macro Rates as the firm continues to strengthen its global sales and trading platform.

A managing director based in New York, Kunal will partner with Steven Feinberg, Deputy Co-Head of Global Markets and International Head of Credit, to coordinate with global colleagues and expand the firm’s sales and trading capabilities, with a particular focus on accelerating the firm’s global rates business growth.

With 25 years of experience across global markets in New York and Tokyo, Kunal joins SMBC following senior leadership roles at BNP Paribas and Morgan Stanley. Most recently, he served as Head of FICC Trading Americas at BNP Paribas, where he helped lead the firm's Fixed Income franchise across rates, foreign exchange, emerging markets, credit, and commodities. He brings deep expertise, particularly in macro trading, electronic markets, client franchise development, and global client strategy.

Kunal will report to Masahito Nonaka, SMBC Head of Global Markets for the Americas, who commented: "Kunal's appointment reflects SMBC’s continued investment in our Global Markets platform as we expand our macro rates products. He brings a unique combination of trading expertise and client relationships that will strengthen our business and support SMBC’s Medium-Term Management Plan."

About SMBC Group
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Americas Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division).

For more information, please visit www.smbcgroup.com.

Contact MediaRelationsAmericas@smbcgroup.com