Tokyo Financial Exchange to Appoint New CEO

[kreslik.news]

The Tokyo Financial Exchange (TFX), a Japanese futures exchange, announced this Friday that its Chief Executive Officer (CEO) will be stepping down at the end of June. Shozo Ohta will be replaced by Nobuyuki Kinoshita who is currently with Aflac Life Insurance Japan.

Kinoshita’s appointment, and Ohta’s departure, will first have to be approved by shareholders at their ordinary general meeting on the 26th of June. The board of directors will also meet after to give their final approval.

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Today’s announcement follows in the wake of a positive month of trading ... (read more)