Group Management System

As of June 25, 2020

Directors (Members of the Board)

Chairman of the Board

Takashi Hibino

Chairman of the Board
Chairman,
Daiwa Securities Co. Ltd.

1979 Joined Daiwa Securities Co. Ltd.

He served successively as the Head of Products, Overseas, Corporate Planning and Personnel and thereby has broad experience related to the business of the whole Daiwa Securities Group. Also, he served as the Representative Corporate Executive Officer, President and CEO of the Company from 2011 to 2017 and has broad experience and insights as a manager.

Director

Seiji Nakata

President and CEO
President,
Daiwa Securities Co. Ltd.

1983 Joined Daiwa Securities Co. Ltd.

He served successively as the Deputy Head of Planning and Personnel of the Company, Head of Corporate Institution and Head of Sales of Daiwa Securities Co. Ltd., and COO and Head of Retail of the Company. He serves as the Representative Corporate Executive Officer, President and CEO of the Company from 2017. He has expertise and experience to present a management strategy based on a wide vision and also to execute adequately the management and control of Daiwa Securities Group.

Director

Toshihiro Matsui

Deputy President and COO
Deputy President,
Daiwa Securities Co. Ltd.

1985 Joined Daiwa Securities Co. Ltd.

He served as the Managing Director of Corporate Institutions and Corporate Finance of Daiwa Securities SMBC Co. Ltd. and Corporate Planning Dept. of the Company. Since his inauguration as Corporate Executive Officer of the Company in 2009, he served as the Head of Legal, Deputy Head of Planning, Head of Planning and Personnel and Deputy Head of Wholesale of the Company. He serves now as the Representative Corporate Executive Officer, Deputy President, COO of the Company. He has broad experience and knowledge in broad areas such as Retail, Wholesale, Investment Banking, Planning and Personnel.

Director

Keiko Tashiro

Deputy President
Head of Overseas and SDGs
Deputy President,
Daiwa Securities Co. Ltd

1986 Joined Daiwa Securities Co. Ltd.

She served successively as the Managing Director of the IR Office of the Company and Managing Director of the Daiwa Direct Planning Dept. of Daiwa Securities Co. Ltd. Since her inauguration as Senior Managing Director of the above company in 2009, she served successively as its Head of Daiwa Direct Business, Fixed Income, Currency and Commodities and as Head of the Americas business and Deputy Head of Overseas (in charge of the Americas) of the Company and Chairperson of the Board of Daiwa Capital Markets America Holdings Inc. She serves now as the Corporate Executive Officer, Deputy President and the Head of Overseas and SDGs of the Company. She has broad knowledge and experience in Overseas and Corporate Planning.

Director

Akihiko Ogino

Senior Executive Managing Director
Senior Executive Managing Director,
Daiwa Securities Co. Ltd.

1989 Joined Daiwa Securities Co. Ltd.

He served as Managing Director of the Executive Office, the Corporate Planning Dept. and the Legal Dept. of the Company. Since his inauguration as the Senior Managing Director of the Company in 2014, he served successively as Head of Legal, Deputy Head of Planning and Overseas of the Company and now serves as Head of Planning and Legal, and Executive Head of Personnel of the company. He has broad knowledge and experience in Planning and Personnel and also has experience in Investment Banking.

Director

Sachiko Hanaoka

Audit&Supervisory Board Member,
Daiwa Securities Co. Ltd.

1990 Joined Daiwa Securities Co. Ltd.

After serving in the Research and Product Divisions, she served successively as the Managing Director of the Products Planning Dept., the Education and Training Dept., and the Investment Strategy Dept. of Daiwa Securities Co. Ltd. Throughout her broad accumulated experience in the Research Division, she has developed a strong analytical ability and broad knowledge in business accounting and broad accumulated experience in management.

Director

Hiromasa Kawashima

Audit&Supervisory Board Member,
Daiwa Securities Co. Ltd.

1992 Joined Daiwa Securities Co. Ltd.

After serving in the Personnel and Investment Banking Divisions, he served successively as Managing Director of the Executive Office and Internal Audit Dept. of the Company. He has broad knowledge and experience in Personnel and Internal Audit.

Outside Director

Michiaki Ogasawara

He has held positions as the Director-General of Global ICT Strategy Bureau at the Ministry of Internal Affairs and Communications and as Vice-Minister at the same ministry. The Company has drawn on his expertise and experience nurtured throughout his career in providing management advice. He has been a director for five years.

1976 Entered Ministry of Posts and Telecommunications
2003 Director-General of Tohoku Bureau of Telecommunications, Ministry of Internal Affairs and Communications
2004 Director-General of Kanto Bureau of Telecommunication, the above Ministry
2005 Deputy director-general of the above Ministry Director-General of Local Public Service Personnel Department, Local Administration Bureau, the above Ministry
2006 Director-general of Civil Protection and Disaster Management Department, Fire and Disaster Management Agency, the above Ministry
2007 Director-General of the Information and Communications Policy, the above Ministry
2008 Director-General of the Global ICT Strategy Bureau, the above Ministry
2010 Assistant Vice-Minister of the above Ministry
2012 Vice-Minister of the above Ministry
2013 Advisor of Daiwa Institute of Research Ltd.
2015 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)

Outside Director

Hirotaka Takeuchi

He has served as Professor of the Faculty of Commerce and Management at Hitotsubashi University and is currently Professor at Harvard Business School. The Company has drawn on his expertise and experience nurtured throughout his career in providing management advice. He has been a director for four years.

1976 Lecturer of Harvard Business School
1977 Assistant Professor of Harvard Business School
1983 Assistant Professor of Hitotsubashi University, Faculty of Commerce and Management
1987 Professor of Hitotsubashi University, Faculty of Commerce and Management
1998 Dean of Hitotsubashi University, the Graduate School of International Corporate Strategy
2010 Professor Emeritus of Hitotsubashi University Professor of Harvard Business School (to date)
2016 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)

Outside Director

Ikuo Nishikawa

He has served as Representative Partner of Century Audit Corporation and Chairman of Accounting Standards Board of Japan. The Company has drawn on his expertise and experience nurtured throughout his career in providing management advice. He has been a director for four years.

1990 Representative Partner of Century Audit Corporation (currently known as Ernst & Young ShinNihon LLC)
1993 Representative of JICPA in International Accounting Standards Committee
1995 Executive Director of the Japanese Institute of Certified Public Accountants
2001 Deputy Chairman of Accounting Standards Board of Japan
2007 Chairman of Accounting Standards Board of Japan
2012 Professor of Keio University, Faculty of Business and Commerce
2016 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)
2017 Guest Professor of Graduate School of Keio University, Faculty of Business and Commerce (to date)

Outside Director

Eriko Kawai

She has held positions such as the Pension Fund Administrator of BIS and OECD, etc. The Company has drawn on her ample expertise and insight related to corporate management accumulated throughout her career. She has been a director for two years.

1981 Entered Nomura Research Institute, Ltd.
1985 Management Consultant of McKinsey & Company, Inc.
1986 Fund Manager of Mercury Asset Management/SG Warburg plc
1995 CIO of Yamaichi Regent ABC Polska, Head of Investment
1998 Pension Funds Administrator of Bank for International Settlements (BIS)
2004 Senior Pension Funds Administrator of Organization for Economic Cooperation and Development (OECD)
2008 Representative of Kawai Global Intelligence
2012 Professor of Institute for the Promotion of Excellence in Higher Education, Kyoto University
2013 Professor of Institute for Liberal Arts and Sciences, Kyoto University
2014 Professor of Graduate School of Advanced Integrated Studies in Human Survivability, Kyoto University (to date)
2018 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)

Outside Director

Katsuyuki Nishikawa

He served successively as the Vice-Minister of Justice, the Superintending Prosecutor of the Tokyo High Public Prosecutors Office and the Prosecutor General and is currently an attorney at law. The Company has drawn on his significant experience and professional knowledge related to law and compliance accumulated throughout his career. He has been a director for one year.

1979 Prosecutor of Osaka District Public Prosecutors Office
2008 Director-General of the Rehabilitation Bureau of the Ministry of Justice Director-General of the Immigration Bureau of the Ministry of Justice
2009 Director-General of the Criminal Affairs Bureau of the Ministry of Justice
2011 Vice-Minister of the Ministry of Justice
2014 Superintending Prosecutor of the Sapporo High Public Prosecutors Office
2015 Superintending Prosecutor of the Tokyo High Public Prosecutors Office
2016 Prosecutor General
2018 Retired as Prosecutor General Attorney at law (to date)
2019 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)

Outside Director

Toshio Iwamoto

He held positions such as the President of NTT DATA Corporation, etc. and currently is the Advisor of NTT DATA Corporation. The Company has drawn on his significant accumulated experience in management of global companies and experience and extensive knowledge about IT nurtured throughout his career, and at the Company's 2020 General Meeting of Shareholders he was newly appointed as an outside director.

1976 Joined Nippon Telegraph and Telephone Public Corporation
2004 Director of NTT DATA Corporation
2005 Senior Managing Director of NTT DATA Corporation
2007 Executive Managing Director of NTT DATA Corporation
2009 Deputy President of NTT DATA Corporation
2012 President of NTT DATA Corporation
2018 Consultant of NTT DATA Corporation (to date)
2020 Outside Director (Member of the Board), Daiwa Securities Group Inc. (to date)

Committee Members

Nominating Committee (7), Audit Committee (6) and Compensation Committee (5)

Nominating Committee Chairman Michiaki Ogasawara
  Takashi Hibino
  Seiji Nakata
  Hirotaka Takeuchi
  Eriko Kawai
  Katsuyuki Nishikawa
  Toshio Iwamoto
Audit Committee Chairman Ikuo Nishikawa
  Sachiko Hanaoka
  Hiromasa Kawashima
  Michiaki Ogasawara
  Eriko Kawai
  Katsuyuki Nishikawa
Compensation Committee Chairman Hirotaka Takeuchi
  Takashi Hibino
  Seiji Nakata
  Ikuo Nishikawa
  Toshio Iwamoto

Corporate Executive Officers (16)

  Name Concurrent post
President and CEO Seiji Nakata Member of the Board, Daiwa Securities Group Inc.
President, Daiwa Securities Co. Ltd.
Deputy President and COO Toshihiro Matsui Member of the Board, Daiwa Securities Group Inc.
Deputy President, Daiwa Securities Co. Ltd.
Deputy President Keiko Tashiro Member of the Board, Daiwa Securities Group Inc.
Deputy President, Daiwa Securities Co. Ltd.
Deputy President Kazuo Takahashi Deputy President, Daiwa Securities Co. Ltd.
Deputy President Mikita Komatsu Deputy President, Daiwa Securities Co. Ltd.
Deputy President Koichi Matsushita President, Daiwa Asset Management Co. Ltd.
Deputy President Masahisa Nakagawa President, Daiwa Institute of Research Holdings Ltd.
President, Daiwa Institute of Research Ltd.
President, Daiwa Institute of Research Business Innovation Ltd.
Senior Executive Managing Director Akihiko Ogino Member of the Board, Daiwa Securities Group Inc.
Senior Executive Managing Director, Daiwa Securities Co. Ltd.
Senior Executive Managing Director Shinsuke Niizuma Senior Executive Managing Director, Daiwa Securities Co. Ltd.
Senior Executive Managing Director Atsushi Mochizuki Representative Senior Executive Managing Director, Daiwa Securities Co. Ltd.
Executive Managing Director, CRO and CDO Junichi Arihara Executive Managing Director, Daiwa Securities Co. Ltd.
Executive Managing Director Yoshifumi Otsuka Executive Managing Director, Daiwa Securities Co. Ltd.
Executive Managing Director and CHO Kana Shirakawa Executive Managing Director, Daiwa Securities Co. Ltd.
Executive Managing Director and CIO Tomoyuki Murase Executive Managing Director, Daiwa Securities Co. Ltd.
Executive Managing Director and CFO Eiji Sato Executive Managing Director, Daiwa Securities Co. Ltd.
Senior Managing Director Takashi Hibino Chairman of the Board, Daiwa Securities Group Inc.
Chairman of the Board, Daiwa Securities Co. Ltd.

Executive Officers (10)

  Name Concurrent post
Senior Executive Managing Director Hironori Oka Chairman of the Board, Daiwa Capital Markets Hong Kong Limited
Chairman of the Board, Daiwa Capital Markets Singapore Limited
Executive Managing Director Hideki Araki Deputy President, Daiwa Investment Management Inc.
Deputy President, Daiwa Capital Holdings Co., Ltd.
President, Daiwa PI Partners Co. Ltd.
President, Daiwa Securities SMBC Principal Investments Co. Ltd.
Executive Managing Director Shiko Yanagisawa Director of the Board, Daiwa Capital Markets Europe Limited
Senior Managing Director Yukiko Takeuchi Senior Managing Director, Daiwa Securities Co. Ltd.
Senior Managing Director Naoki Suzuki Chairman of the Board, Daiwa Capital Markets America Holdings Inc.
Senior Managing Director Atsushi Itaya Senior Managing Director, Daiwa Securities Co. Ltd.
Senior Managing Director Nensuke Tanaka Senior Managing Director, Daiwa Securities Co. Ltd.
Senior Managing Director Yuki Hayakawa Deputy President, Daiwa PI Partners Co. Ltd.
Senior Managing Director Michael Xian President and CEO, Daiwa Capital Markets Hong Kong Limited
Senior Managing Director Junichi Yamaguchi Senior Managing Director, Daiwa Securities Co. Ltd.