Sony Life's Announcement of Executive Appointments
May 14, 2009
Sony Life Insurance Co., Ltd., 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 Life's Ordinary General Meeting of Shareholders and the Board of Directors Meeting to be held on June 29, 2009.
1. Changes to the Member of the Board Scheduled for June 29, 2009
| [Newly Appointed] | Current position | |
|---|---|---|
| Director | Teruhisa Tokunaka | President and Representative Director of Sony Financial Holdings Inc. |
| Katsumi Ihara | Corporate Executive, and Executive Deputy President of Sony Corporation | |
2. New Management Team as of June 29, 2009:
| Title | Name | Principal Business Activities and Positions at the Sony Financial Holdings Group* |
|---|---|---|
| Chairman, Director |
Kunitake Ando | |
| President, Representative Director |
Taro Okuda | Director of Sony Financial Holdings Inc. |
| Director | Masamitsu Shimaoka | |
| Director | Mitsuhiro Koizumi | |
| Director | Teruhisa Tokunaka | President and Representative Director of Sony Financial Holdings Inc. Director of Sony Assurance Inc. |
| Director | Hiromichi Fujikata | Executive Vice President and Representative Director of Sony Financial Holdings Inc. Director of Sony Assurance Inc. Director of Sony Bank Inc. |
| Director | Katsumi Ihara | Executive Vice President and Representative Director of Sony Financial Holdings Inc. Director of Sony Assurance Inc. Director of Sony Bank Inc. |
| Standing Statutory Auditor |
So Sato | Statutory Auditor of Sony Financial Holdings Inc. |
| Statutory Auditor |
Hiroshi Sano | Standing Statutory Auditor of Sony Financial Holdings Inc. Statutory Auditor of Sony Assurance Inc. |
| Statutory Auditor |
Takatoshi Yajima | Standing Statutory Auditor of Sony Assurance Inc. Statutory Auditor of Sony Financial Holdings Inc. |
*The Sony Financial Holdings Group here indicates Sony Financial Holdings Inc., and its subsidiaries, Sony Life Insurance Co., Ltd., Sony Assurance Inc., and Sony Bank Inc. Executive positions at Sony Financial Holdings Inc., Sony Assurance Inc., and Sony Bank Inc. are subject to the approval of each company's General Meeting of Shareholders and Board of Directors Meeting to be held on June 23, June 22, and June 18, 2009, respectively.
**For the year ending March 31, 2010, all of the three statutory auditors above are in their own term of office, stipulated by the Companies Act in Japan.
Note: This is an English-language summary of a Japanese announcement made by Sony Life on May 14, 2009. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
