Sony Bank's Announcement of Executive Appointments
June 14, 2006
Sony Bank Inc. (hereinafter "Sony Bank"), a 88%-owned subsidiary of Sony Financial Holdings, today announced that it has determined the new management structure. The selections are subject to the approval of Sony Bank's Ordinary General Meeting of Shareholders and the Board of Directors Meeting to be held on June 28, 2006.
1. Changes to the Member of the Board Scheduled for June 28, 2006:
| [Newly Appointed] | Current position | |
|---|---|---|
| Director | Teruhisa Tokunaka | President and Representative Director of Sony Financial Holdings Inc. |
| Manabu Idei | General Manager, Corporate Planning Department of Sony Financial Holdings Inc. | |
| Kazuya Johno | Director and General Manager, Tokyo Corporate Banking Department II of Sumitomo Mitsui Banking Corporation | |
| [Resign] | Current position | |
|---|---|---|
| Tamotsu Iba | Director | |
2. New Management Team as of June 28, 2006:
| Title | Name | Other Principal Business Activities |
|---|---|---|
| President Representative Director |
Shigeru Ishii | Director of Sony Financial Holdings Inc. |
| Director | Hidehiko Nakamura | |
| Director | Masahiko Tokuyama | |
| Director | Teruhisa Tokunaka | President and Representative Director of Sony Financial Holdings Inc. |
| Director | Hiroki Totoki | Director of Sony Communication Network Corporation |
| Director | Manabu Idei | General Manager, Corporate Planning Department of Sony Financial Holdings Inc. |
| Director | Kazuya Johno | Director and General Manager, Tokyo Corporate Banking Department II of Sumitomo Mitsui Banking Corporation |
| Director | Tohru Nakajima | Partner, Nagashima Ohno & Tsunematsu |
| Standing Statutory Auditor |
Hiroshi Ueda | Statutory Auditor of Sony Financial Holdings Inc. |
| Statutory Auditor |
Fumio Kado | Deputy General Manager, Accounting Department of Sony Corporation |
| Statutory Auditor |
Junichi Yoshikawa | Corporate Control Department of Sony Financial Holdings Inc. |
*The SFH Group indicates Sony Financial Holdings Inc., Sony Bank Inc., Sony Life Insurance Co., Ltd. and Sony Assurance Inc. Executive positions at Sony Financial Holdings Inc. and Sony Communication Network Corporation are subject to the approval of each company's General Meeting of Shareholders and the Board of Directors Meeting.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on June 14, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
