Senior Loan Bankers Depart Mizuho, SMBC After Asia Volumes Slump

Several senior loan bankers at Mizuho Financial Group Inc. and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump in lending across the region that’s already prompted departures at other firms in recent months.

Kong Chiu Tham, head of Asia syndicated finance for South and Southeast Asia at Mizuho, and Fiona Tan, an executive director in the same unit, have departed, according to people familiar with the matter. At SMBC, Aaron Chow, managing director of loan capital markets for Asia Pacific, has resigned and is serving his gardening leave, other people familiar with the matter said.