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JCB Appoints Ichiro Hamakawa as President and Chief Executive Officer Succeeding Takao Kawanishi: Kawanishi Named Chairman
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Tokyo, June 30, 2014 - JCB Co., Ltd. (JCB), the only global payment brand based in Japan, today announced the appointment of Ichiro Hamakawa as President and Chief Executive Officer (CEO) effective June 26 after approval at the shareholders' meeting in Tokyo held on June 26. Mr. Hamakawa succeeds Takao Kawanishi, who was JCB's President and CEO for 4 years since 2010. Mr. Kawanishi continues to serve as the company's Chairman.
Mr. Hamakawa joined JCB in an advisory capacity in May 2014 from Mitsubishi UFJ Financial Group, where he was Senior Managing Director, Chief Planning Officer. In his 36-year career, he has held a wide range of leadership positions primarily in corporate planning, including Executive Officer and General Manager at UFJ Holdings, Managing Executive Officer and Deputy Chief Executive of Retail Banking Business Unit at the Bank of Tokyo-Mitsubishi UFJ, and Managing Director Chief Planning Officer at Mitsubishi UFJ Financial Group.
JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, also announced the appointment of Mr. Hamakawa as Vice Chairman effective today. Mr. Takao Kawanishi, Chairman and CEO, and Mr. Koremitsu Sannomiya, President and Chief Operating Officer, will both remain in their current roles. |
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