22 January 2019Insurance

Tokio Marine reveals new CEO, chairman following departures

Tokio Marine Holdings has appointed Satoru Komiya as its new president and group chief executive officer (CEO), effective June 2019.

He replaces Tsuyoshi Nagano, who will become the chairman of the board.

Nagano is taking over from Shuzo Sumi who is leaving the insurer.

In addition, Tokio Marine's senior managing executive officer Shinichi Hirose will become the company's director, following the departure of Toshifumi Kitazawa.

Hirose will also become president and CEO of Tokio Marine & Nichido Fire Insurance, a wholly owned subsidiary of Tokio Marine, effective April 1, 2019.

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