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T&D Holdings Restructures Senior Management Team

T&D Holdings and its subsidiaries Daido Life Insurance Company and T&D Financial Life Insurance Company have made changes to its management. Tetsuhiro Kida, current director and senior executive officer of T&D Holdings, has been appointed as new representative director and president of Daido Life.

The company said that Kunio Ikeda, current representative director and senior executive officer of T&D Holdings, has been appointed as advisor of T&D Customer Service effective as of April. Kazuki Nakamoto, current representative director and senior executive officer of Daido Life, has been appointed as new director and senior executive officer of Daido Life.

In addition, Fuminobu Ando, current managing executive officer of T&D Financial Life, has been appointed as new representative director and senior executive officer of T&D Financial Life. Sounosuke Usui, current representative director and senior executive officer of T&D Financial Life, has been appointed as new director of T&D Financial Life.

Mr Kida previously served as managing director of Daido Life in 2003, in June 2006 as managing executive officer. In April 2007 he became director of T&D Financial Life, director of T&D Asset Management, managing executive officer of T&D Holdings. In June 2007 became director and managing executive officer of T&D Holdings and in April 2008 as director and senior executive officer of T&D Holdings.