Nasdaq Japan reshuffles top management

Nasdaq Japan reshuffles top management

Nasdaq Japan has elected Yoshiro Katsuya as president and member of the board, and CEO Tatsuyuki Saeki as chairman.

Katsuya's appointment is expected to be formally approved following a shareholders' meeting on 25 January. In his new position, he will be responsible for the day-to-day running of Nasdaq Japan and for developing and maintaining relationships with securities firms, industry and business partners, and the Osaka Securities Exchange.

Katsuya, currently executive vice president and chief market operations officer, joined Nasdaq Japan in June 2000 after a 26-year career at Nikko Securities.

Tatsuyuki Saeki will remain as chief executive officer and be elected to chairman. Part of his role will include mentoring and developing Nasdaq Japan's sales team.

John Hilley, chairman and CEO of Nasdaq International, comments: "This appointment will enable Katsuya to concentrate on enhancing relationships with our partners in the securities industry, while Saeki continues to focus his strengths on bringing dynamic, innovative companies to list on our market and planning for the future of Nasdaq Japan."

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