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July 23, 2010

JCB appoints Kawanishi as new CEO

Japanese payment brand and credit card issuer JCB has named Takao Kawanishi as its latest president and CEO, succeeding Tamio Takakura with immediate effect.

By Verdict Staff

Japanese payment brand and credit card issuer JCB has named Takao Kawanishi as its latest president and CEO, succeeding Tamio Takakura with immediate effect.

Takakura, who had served as JCB’s president and CEO for the last three years, continues to serve JCB as the company’s chairman.

Kawanishi joined JCB in an advisory capacity in May this year from the Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank by assets, where he served as deputy president since April 2008.

JCB International (JCBI) also announced the appointment of Kawanishi as vice chairman at its shareholders’ meeting effective immediately. Chairman and CEO Takakura, and Koremitsu Sannomiya, president and COO, will both remain in their current roles.

Before joining JCB, Kawanishi held a number of senior management roles including managing director since 2006, senior managing director since 2007, and the most recent responsibility as deputy president in the Bank of Tokyo-Mitsubishi UFJ.

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