Daiwa SB Investments announces appointment of new Managing Director

Sunset in Tokyo, Japan

Daiwa SB Investments (UK) Ltd., the wholly owned subsidiary of Daiwa SB Investments Ltd. (DSBI), is pleased to announce the appointment of Eiji Fukumuro as its new Managing Director (MD).

Fukumuro joined the UK office of Daiwa International Capital Management Limited (DICAM, former entity of Daiwa SB Investments) in 1996 where he spent 10 years as Company Secretary and Compliance Officer. He transferred to the Tokyo office in October 2006 where he held two senior positions, namely Deputy General Manager of the International Department and latterly Senior Product Manager. Prior to joining the UK office of DICAM, he held several positions at Price Waterhouse and KPMG for three and five years respectively.

Commenting on the new appointment, Yuhki King, Head of Business Development and Client Relations at DSBI UK said: 'We are delighted to welcome Eiji as the Head of our London operation. His international background and extensive knowledge of European investors will help DSBI UK enhance our reputation as a specialist manager in the European market'.

Fukumuro commented: 'Daiwa SB Investments has a significant role to play in constantly evolving global investment management industry. I believe innovation is the key to success. DSBI needs to be innovative and build on our industry leading expertise in Japanese equity and fixed income to provide a wider product range to meet diversifying needs of clients. I am pleased to be back in London after eight year’s absence, and looking forward to playing my part in DSBI’s future success'.

Fukumuro will be replacing Sunao Otsuka, who has returned to DSBI Tokyo headquarters to assume a new role as the Head of International Business Department.

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