Global law firm Ashurst has announced the appointment of Teruma Naito as a partner in its projects and energy transition (PET) practice in Tokyo. Naito joins from leading Japanese firm Anderson Mori & Tomotsune.

Naito becomes Ashurst’s third lateral partner hire in Asia in two months, and second in the energy transition space, following the additions of James Ford in Hong Kong and Kok Jin Ong in Singapore. Both joined from A&O Shearman. 

Specialising in international project finance, cross-border finance, and equity investment transactions, Naito has experience in the energy, infrastructure, shipping, and export credit financing sectors. During his two-decade career, he has advised on cross-border financing and equity investment matters across Asia, Europe, the Middle East, Africa, and South America. His clientele includes sponsors, lenders, and equity investors.

Naito joined Anderson Mori & Tomotsune in 2021 and became a partner in the same year. Prior to that, he had two stints at the legacy Allen & Overy.

“Teruma's… deep understanding of the Japanese market, combined with his international experience, will be invaluable as we continue to grow our practice. Teruma's ability to navigate both inbound and outbound projects will enhance our service offerings and strengthen our client relationships in Japan,” said Alexander Dmitrenko, Ashurst’s Tokyo office managing partner, in a statement. 

Added Angus Foley, APAC head of projects & energy transition: “We are thrilled to welcome Teruma to our team. His expertise in energy transition and infrastructure projects fully aligns with our strategic goals. Teruma's proven track record and strong client relationships will be instrumental in driving the growth of our practice across the Asia Pacific region.”

With Naito’s addition, Ashurst now has five partners in its Tokyo office.