Sony Life's Announcement of Executive Appointments
May 31, 2006
Sony Life Insurance Co., Ltd. ("Sony Life"), a wholly-owned life insurance subsidiary of Sony Financial Holdings, today announced that it has reached an informal decision regarding its new management structure as stated below. The selection of President and Representative Director is subject to the approval of Sony Life's Ordinary General Meeting of Shareholders and Board of Directors, both to be held on June 29, 2006.
| [Newly Appointed] | Current position at Sony Life | |
|---|---|---|
| President, Representative Director | Taro Okuda | Executive Deputy President, Director |
| [Resign] | Current position at Sony Life | |
|---|---|---|
| Akiyoshi Kawashima | President, Representative Director | |
| Teruhisa Tokunaka | Director | |
The candidates for Directors and Statutory Auditors of Sony Life as of June 29, 2006 are as follows;
| [Board of Directors] | |
|---|---|
| Chairman, Director | Kunitake Ando |
| President, Representative Director | Taro Okuda |
| Director | Akihiko Nakamura |
| Director | Masamitsu Shimaoka |
| Director | Hiromichi Fujikata |
| [Board of Auditors] | |
|---|---|
| Standing Statutory Auditor | Fumio Mitani |
| Statutory Auditor | Yoshiaki Yamauchi |
| Statutory Auditor | Hiroshi Sano |
Note: This is an English-language summary of a Japanese announcement made by Sony Life on May 31, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
