SOMPO Holdings, a major non-life insurance company, has decided to promote Mikio Okumura as president in April next year.

President Kengo Sakurada, who is the representative secretary of the Keizai Doyukai, will continue his duties as CEO and become chairman.

SOMPO Holdings held a board meeting on the 15th, and Managing Director Mikio Okumura decided to be promoted to President on April 1, next year.



Mr. Okumura is 56 years old.

In 1989, he joined Yasuda Fire and Marine Insurance at that time, and has been managing director since April after working as a general manager of the Corporate Planning Department and the head of an overseas subsidiary.



President Kengo Sakurada, who is the representative secretary of the Keizai Doyukai, will be appointed chairman and will continue to serve as CEO.



In the non-life insurance industry, dealing with drastic changes in the automobile industry due to a series of natural disasters and automatic driving has become an issue, and Mr. Okumura said at a press conference on the 15th, "We are sincere in meeting the changing needs of our customers. I would like to respond to this and contribute to the solution of social issues. "



In addition, at Sompo Japan Insurance, which is under the umbrella of Sompo Japan, President Keiji Nishizawa will be appointed chairman without representation rights, and it has been decided that Managing Director Giichi Shirakawa will be promoted to the succeeding president.

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