Sumitomo Mitsui Trust Holdings, a major financial company, has announced the appointment of Toru Takakura as the new president.

Mr. Takakura is 58 years old.

After joining Sumitomo Trust and Banking in 1984, he has served as an executive officer since he was a general manager of the Human Resources Department and a general manager of the Integrated Electric Propulsion Department, which is preparing for a business integration with Chuo Mitsui Trust Holdings.

At a press conference, Mr. Takakura stated his aspirations, "The business environment is becoming more severe due to the progress of digitalization and the new coronavirus. We want to steadily promote the transformation together with management and employees." It was.

In addition, Managing Director Kazuya Oyama will be promoted to the new president of Sumitomo Mitsui Trust Bank.

Mr. Oyama is 55 years old.

Joined Sumitomo Trust and Banking in 1988, and after working as General Manager of Corporate Planning Department, he has been a managing director since then.

All of these personnel are dated April 1st.

Sumitomo Mitsui Trust Holdings has been in business for 10 years since the group's management integration in April, and we would like to take this opportunity to rejuvenate our management system.