Daiwa Securities Group Inc.TSE: 8601

Appointment / Retirement of Executives [PDF: 281KB]

· Issued by Daiwa Securities Group Inc.

26th February 2026

*This document is not a full translation of a press release announced on February 26, 2026 by Daiwa Securities Group Inc. The original press release is in Japanese.

Daiwa Securities Group Inc.

Appointment / Retirement of Executives

【Daiwa Securities Group Inc.】

  1. Directors (Members of the Board) New Appointment (as of 19th June 2026)

    New

    Name

    Present

    [New Appointment / Promotion] Member of the Board

    ※Deputy President, Corporate Executive Officer

    Head of Wealth Management

    Junichi Serizawa

    -

    ※Senior Executive Managing Director, Corporate Executive Officer

    Deputy Head of Wealth Management

    Daiwa Securities Co. Ltd.

    Deputy President, Member of the Board

    Daiwa Securities Co. Ltd.

    Senior Executive Managing Director, Member of the Board

    [New Appointment / Promotion] Member of the Board

    ※Executive Managing Director, Corporate Executive Officer CFO

    Kotaro Yoshida

    -

    ※Executive Managing Director, Corporate Executive Officer CFO

    Daiwa Securities Co. Ltd.

    Executive Managing Director, Member of the Board

    Daiwa Securities Co. Ltd. Executive Managing Director

    [New Appointment / Promotion]

    Outside Director, Member of the Board

    Christina Ahmadjian

    -

    -

    Daiwa Securities Co. Ltd.

    Outside Director, Member of the Board

    Retirement (as of 19th June 2026)

    New

    Name

    Present

    -

    ※Deputy President, Corporate Executive Officer Head of Asset Management

    Head of Securities Asset Management

    Shinsuke Niizuma

    Member of the Board

    ※Deputy President, Corporate Executive Officer COO

    Head of Wealth Management

    Daiwa Asset Management Co. Ltd. Chairman of the Board

    Daiwa Securities Co. Ltd.

    Deputy President, Member of the Board

    -

    ※Adviser

    Keiko Tashiro

    Member of the Board

    ※Deputy President, Corporate Executive Officer Head of Asset Management

    Head of Securities Asset Management Head of Sustainability

    Head of Financial Education

    -

    Eriko Kawai

    Outside Director, Member of the Board

  2. Corporate Executive Officers / Executive Officers

New Appointment / Promotion and Change of Responsibility (as of 1st April 2026)

New

Name

Present

[New Appointment / Promotion] Member of the Board

Deputy President, Corporate Executive Officer COO

Eiji Sato

Member of the Board

Senior Executive Managing Director, Corporate Executive Officer Head of Corporate Planning

Deputy Head of Overseas Operations

Daiwa Securities Co. Ltd.

Deputy President, Member of the Board

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

Member of the Board

Deputy President, Corporate Executive Officer Head of Asset Management

Head of Securities Asset Management

Shinsuke Niizuma

Member of the Board

Deputy President, Corporate Executive Officer COO

Head of Wealth Management

Daiwa Asset Management Co. Ltd. Chairman of the Board

Daiwa Securities Co. Ltd.

Deputy President, Member of the Board

[New Appointment / Promotion] Member of the Board

Deputy President, Corporate Executive Officer

Head of Compliance

Hiroko Sakurai

Member of the Board

Senior Executive Managing Director, Corporate Executive Officer Head of Compliance

Daiwa Securities Co. Ltd.

Deputy President, Member of the Board

Daiwa Securities Co. Ltd.

Representative Senior Executive Managing Director, Member of the Board

[New Appointment / Promotion]

Deputy President, Corporate Executive Officer Head of Wealth Management

Junichi Serizawa

Senior Executive Managing Director, Corporate Executive Officer Deputy Head of Wealth Management

Daiwa Securities Co. Ltd.

Deputy President, Member of the Board

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

[New Appointment / Promotion]

Senior Executive Managing Director, Corporate Executive Officer Head of Corporate Communication

Deputy Head of Asset Management

Katsuyasu Murata

Senior Managing Director

Head of Corporate Communication Deputy Head of Asset Management

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

[New Appointment / Promotion]

Senior Executive Managing Director, Corporate Executive Officer Head of Corporate Planning

Head of Legal

Takemichi Kobayashi

-

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

[New Appointment / Promotion]

Executive Managing Director, Corporate Executive Officer Deputy Head of Corporate Planning

Head of Human Resources CHO

Head of Sustainability

Head of Financial Education

Hiromasa Kawashima

Senior Managing Director

Deputy Head of Corporate Planning Head of Human Resources

CHO

Head of Legal

Deputy Head of Sustainability

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

Daiwa Securities Co. Ltd. Executive Managing Director

[New Appointment / Promotion]

Executive Managing Director, Corporate Executive Officer CIO

CDO

Masahiro Murase

-

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

Daiwa Institute of Research Ltd.

Executive Managing Director, Member of the Board

[New Appointment / Promotion]

Executive Managing Director, Corporate Executive Officer CRO

Takashi Yamaguchi

Senior Managing Director

Head of Group Risk Management

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

Daiwa Securities Co. Ltd. Senior Managing Director

New

Name

Present

[New Appointment / Promotion] Senior Managing Director

Head of Real Estate Asset Management

Hiroki Ikeda

-

Daiwa Real Estate Asset Management Co. Ltd. Chairman of the Board

Daiwa Securities Realty Co. Ltd. Chairman of the Board

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

Senior Managing Director

Head of Alternative Asset Management

Tsutomu Kobayashi

Senior Executive Managing Director, Corporate Executive Officer CRO

Daiwa Investment Management Inc., President, Member of the Board Daiwa Corporate Investment Co. Ltd.

Chairman of the Board Daiwa PI Partners Co. Ltd. Chairman of the Board

Daiwa Energy & Infrastructure Co. Ltd. Chairman of the Board

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board

Senior Managing Director Head of Overseas Operations

Naoki Suzuki

Senior Managing Director Head of Overseas Operations Head of Europe & Middle East

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board Daiwa International Holdings Inc.

President, Member of the Board

Daiwa Securities Co. Ltd.

Senior Executive Managing Director, Member of the Board Daiwa Capital Markets America Holdings Inc.

Chairman

Daiwa Capital Markets Europe Limited Member of the Board

Senior Managing Director Head of Americas

Keiji Machida

Senior Managing Director Head of Americas

Daiwa Securities Co. Ltd. Executive Managing Director

Daiwa Capital Markets America Holdings Inc. Chairman

Daiwa Securities Co. Ltd. Executive Managing Director

Daiwa Capital Markets America Holdings Inc. President & CEO

Senior Managing Director Head of Asia & Oceania

Tsutomu Hiramatsu

Senior Managing Director Deputy Head of Asia & Oceania

Daiwa Securities Co. Ltd. Senior Managing Director

Daiwa Capital Markets Singapore Limited Chairman

Daiwa Capital Markets Hong Kong Limited Chairman

Daiwa Securities Co. Ltd. Senior Managing Director

Daiwa Capital Markets Singapore Limited President & CEO

[New Appointment / Promotion]

Senior Managing Director Head of Europe & Middle East

Satoru Yamamoto

-

Daiwa Securities Co. Ltd. Senior Managing Director

Daiwa Securities Co. Ltd. Senior Managing Director

[New Appointment / Promotion] Senior Managing Director Head of IT & Operations

Junya Sato

Appointive Managing Director to Head of IT & Operations

Daiwa Securities Co. Ltd. Senior Managing Director

Daiwa Securities Co. Ltd.

Appointive Managing Director to Head of IT & Operations

[New Appointment / Promotion] Senior Managing Director

Deputy Head of Asia & Oceania

Hongxia Zhu

-

Daiwa Securities Co. Ltd. Senior Managing Director

Daiwa Capital Markets Hong Kong Limited President & CEO

Daiwa Capital Markets Hong Kong Limited President & CEO

Retirement (as of 31st March 2026)

New

Name

Present

Member of the Board

※Adviser * to be appointed (as of 1st April 2026)

Keiko Tashiro

Member of the Board

Deputy President, Corporate Executive Officer Head of Asset Management

Head of Securities Asset Management Head of Sustainability

Head of Financial Education

-

Tomoyuki Murase

Deputy President, Corporate Executive Officer CIO

CDO

Daiwa Securities Co. Ltd. Adviser * to be appointed

Daiwa Securities Co. Ltd.

Deputy President, Member of the Board

-

Toshihiro Matsui

Senior Managing Director

Daiwa Securities Co. Ltd. Adviser * to be appointed

Daiwa Securities Co. Ltd. Deputy Chairman of the Board

-

Masahiro Kobayashi

Senior Managing Director

Head of Alternative Asset Management

Daiwa Investment Management Inc., Adviser * to be appointed

Daiwa Investment Management Inc., President, Member of the Board Daiwa Corporate Investment Co. Ltd.

Chairman of the Board Daiwa PI Partners Co. Ltd. Chairman of the Board

Daiwa Energy & Infrastructure Co. Ltd. Chairman of the Board

-

Hironori Oka

Senior Managing Director

Executive Head of Overseas Operations

Daiwa Securities Co. Ltd. Adviser * to be appointed

Daiwa Securities Co. Ltd.

Deputy President, Senior Managing Director Daiwa International Holdings Inc.

President, Member of the Board

-

Tomonori Tsuji

Senior Managing Director

Head of Real Estate Asset Management

-

Daiwa Real Estate Asset Management Co. Ltd. Chairman of the Board

Daiwa Securities Realty Co. Ltd. Chairman of the Board

-

Atsushi Itaya

Senior Managing Director Head of IT & Operations

Daiwa Institute of Research Ltd.

Senior Executive Managing Director, Member of the Board * to be appointed

Daiwa Securities Co. Ltd.

Executive Managing Director, Member of the Board

-

Kosuke Mizuno

Senior Managing Director Head of Asia & Oceania

Daiwa Fund Consulting Co. Ltd.

President, Member of the Board * to be appointed

Daiwa Securities Co. Ltd. Executive Managing Director

Daiwa Capital Markets Singapore Limited Chairman

Daiwa Capital Markets Hong Kong Limited Chairman

-

Yuji Masuki

Senior Managing Director Deputy Head of Compliance

Retela Crea Securities Co. Ltd.

President, Member of the Board * to be appointed

Daiwa Securities Co. Ltd. Senior Managing Director

【Daiwa Securities Co. Ltd.】

  1. Directors (Members of the Board) / Executive Officers

New Appointment / Promotion and Change of Responsibility (as of 1st April 2026)

New

Name

Present

[New Appointment / Promotion]

Deputy President, Member of the Board

Eiji Sato

Senior Executive Managing Director, Member of the Board Head of Corporate Planning

Deputy Head of Overseas Operations

Executive Head of Financial Institutions

Daiwa Securities Group Inc. Member of the Board

Deputy President, Corporate Executive Officer

Daiwa Securities Group Inc. Member of the Board

Senior Executive Managing Director, Corporate Executive Officer

[New Appointment / Promotion]

Deputy President, Member of the Board Head of Wealth Management Division

Junichi Serizawa

Senior Executive Managing Director, Member of the Board Head of Wealth Management Division

Daiwa Securities Group Inc.

Deputy President, Corporate Executive Officer

Daiwa Securities Group Inc.

Senior Executive Managing Director, Corporate Executive Officer

[New Appointment / Promotion]

Deputy President, Member of the Board Head of Compliance

Hiroko Sakurai

Representative Senior Executive Managing Director, Member of the Board

Head of Compliance

Daiwa Securities Group Inc. Member of the Board

Deputy President, Corporate Executive Officer

Daiwa Securities Group Inc. Member of the Board

Senior Executive Managing Director, Corporate Executive Officer

[New Appointment / Promotion]

Deputy President, Member of the Board Head of Global Investment Banking Division Executive Head of Corporate Business

Toru Yamamoto

Senior Executive Managing Director, Member of the Board Head of Global Investment Banking Division

Daiwa Securities Group Inc. Senior Managing Director

Daiwa Securities Group Inc. Senior Managing Director

[New Appointment / Promotion]

Senior Executive Managing Director, Member of the Board Head of Regional Corporate Clients Banking

Masahiro Fujisawa

Executive Managing Director, Member of the Board Head of Regional Corporate Clients Banking

[New Appointment / Promotion]

Senior Executive Managing Director, Member of the Board Head of Executive Office

Head of Corporate Communication

Head of General Affairs

Katsuyasu Murata

Executive Managing Director, Member of the Board Head of Executive Office

Head of Corporate Communication

Head of General Affairs

Daiwa Securities Group Inc.

Senior Executive Managing Director, Corporate Executive Officer

Daiwa Securities Group Inc. Senior Managing Director