Independent investment banking advisory firm Evercore has hired a respected industry veteran to head up its push into the Japanese market.

Masuo Fukuda has joined Evercore's Investment Banking business as a Senior Managing Director with the aim of establishing the firm in Japan, according to a press release.

With over 25 years of corporate and investment banking experience in the Technology sector and as a senior banker Fukuda has advised on a number of notable mergers & acquisitions (M&A) and capital markets transactions for a range of Japanese and international blue chip clients.

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Fukuda (pictured) will establish Evercore’s office in Tokyo and, as President of Evercore’s business there, will focus on providing M&A and capital markets advice to companies in Japan.

He will work alongside Mizuho, with whom Evercore has had an M&A cross-border alliance since 2006.

Growing Asian Influence

Fukuda was most recently Co-Head of the Investment Banking Group at Mizuho Securities, and was previously the Global Head of M&A at SMBC Nikko Securities

Also as the Head of Investment Banking at Sumitomo Mitsui Financial Group, he was responsible for overseeing the firm’s investment banking activities, as well as, the integration of the investment banking team when it started its operations in October 2009 through the acquisition of the investment banking businesses in Japan from Citigroup, where Fukuda was head of the Investment Banking Division from 2006 to 2009.

Evercore has existing offices in Hong Kong and Singapore, as well as strategic alliances in Australia, China, India and Korea.