It has been announced that Jun Ota, president of Sumitomo Mitsui Financial Group (FG), has passed away at the age of 65 due to pancreatic cancer. Mr. Ota greatly contributed to the management of the group as its president and group CEO.

The news of Mr. Ota’s death was made public by Sumitomo Mitsui Financial Group on November 27. His death occurred at around 5:09 AM on November 25. The cause of death was pancreatic cancer, and many condolences have been expressed from inside and outside the company in response to his obituary.

Mr. Ota was a pillar of the economic world, who left a significant legacy. Due to his sudden death, Tatsu Nakajima, the vice president, will take over the presidency of Sumitomo Mitsui Financial Group for the time being. However, there are concerns about the significant impact on the group’s operations, including the continuation of the management policy that has been promoted under President Ota.

Mr. Ota was a capable business leader who had a significant influence on the industry. Attention will be focused on the future movements of Sumitomo Mitsui Financial Group. We pray for his soul’s peaceful rest.