Sony Bank's Announcement of Executive Appointments
May 16, 2008
Sony Bank Inc., a wholly-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 24, 2008.
1. Changes to the Member of the Board Scheduled for June 24, 2008:
| [Newly Appointed] | Current position | |
|---|---|---|
| Statutory Auditor | Hidemichi Takenaka | Manager, Planning Section, Accounting Division of Sony Corporation |
| [Resign] | Current position | |
|---|---|---|
| Fumio Kado | Statutory Auditor | |
2. New Management Team as of June 24, 2008:
| Title | Name | Principal Business Activities and Positions at Sony Corporation and the Sony Financial Holdings Group* |
|---|---|---|
| President & CEO, Representative Director |
Shigeru Ishii | Director of Sony Financial Holdings Inc. |
| Director & CFO | Hidehiko Nakamura | |
| Director & CIO | Masahiko Tokuyama | |
| Director | Teruhisa Tokunaka | President and Representative Director of Sony Financial Holdings Inc. |
| Director | Hiroki Totoki | |
| Director | Manabu Idei | General Manager, Corporate Planning Department of Sony Financial Holdings Inc. |
| Director | Tohru Nakajima | |
| Standing Statutory Auditor |
Hiroshi Ueda | Statutory Auditor of Sony Financial Holdings Inc. |
| Statutory Auditor |
Hidemichi Takenaka | Manager, Planning Section, Accounting Division of Sony Corporation |
| Statutory Auditor |
Junichi Yoshikawa | Manager, Accounting Department of Sony Financial Holdings Inc. |
*The Sony Financial Holdings Group indicates Sony Financial Holdings Inc., and its subsidiaries including Sony Bank Inc., Sony Life Insurance Co., Ltd. and Sony Assurance Inc. Executive positions at Sony Financial Holdings Inc. are subject to the approval of its General Meeting of Shareholders and the Board of Directors Meeting to be held on June 26, 2008.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on May 16, 2008. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
