Sompo Holdings CEO Sakurada to Resign on March 31

Sompo Holdings CEO and Chairman Kengo Sakurada will resign March 31.

• Will be replaced by COO Mikio Okumura
• Giichi Shirakawa, CEO of Japan property and casualty insurance business, will resign on Jan. 31; will be replaced by Koji Ishikawa, who will also take Shirakawa’s role as president and CEO of Sompo Japan Insurance
• Related Story: Japan FSA Issues Business Improvement Order to Sompo

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To contact the reporter on this story:
Sarah Hilton in Tokyo at shilton20@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

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