Brown Brothers Harriman (BBH) has hired Shigeki Yoshitoshi to join its Foreign Exchange Relationship Management and Business Development team in Tokyo.
Yoshitoshi will be working closely with BBH’s Tokyo Investor Services Team, responsible for servicing its existing clients’ foreign exchange needs as well as developing new relationships within the Investment Advisor and Trust Bank community.
The Tokyo FX desk was launched in March 2002, managed by Jun Kitazawa. BBH says the growth of this team “demonstrates BBH’s increasing strength and focus in the Japanese market and comes as the firm’s overall Investor Services offerings continue to thrive.”
Assets under custody with BBH in Tokyo have doubled in the past 16 months and the bank now cliams to be servicing more that half of internationally invested mutual funds in Japan.
“We are excited to have Shigeki join BBH at this pivotal time in our global growth effort,” says Kitazawa. “Shigeki’s foreign exchange experience and dedication to value-added client service will play an integral part in successfully delivering BBH’s fully-integrated services to the global investor.”
Yoshitoshi joins BBH from Goldman Sachs & Co. (Japan) where he worked on the foreign exchange desk as a forward trader. He received his Bachelor of Economics degree from University of Keio in Tokyo.
“BBH is renowned for its ability to understand client needs and provide services that consistently produce results that positively impact our clients’ business,” says Yoshitoshi. “I am excited to be joining a firm with such a solid reputation as a leading global custodian and look forward to assisting the bank in further developing its FX solutions in the Tokyo market.”