In his new position, Mr. Katsuya 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.
Tatsuyuki Saeki will remain as Chief Executive Officer and be elected to Chairman. He will continue to play a central role in the ongoing growth of the business, concentrating on building, developing and maintaining relationships with existing and prospective listed companies. In addition to a key role in mentoring and developing Nasdaq Japan's sales team, Mr. Saeki will have responsibility for strategic initiatives for Nasdaq Japan.
"With Nasdaq Japan's extraordinary growth, there's now scope to split the roles of President and CEO to leverage fully the talents of both individuals," said John Hilley, Chairman and CEO of Nasdaq International, Inc.
"This appointment will enable Mr. Katsuya to concentrate on enhancing relationships with our partners in the securities industry, while Mr. Saeki continues to focus his strengths on bringing dynamic, innovative companies to list on our market and planning for the future of Nasdaq Japan. This winning combination will allow us to provide an even better level of service to our issuers, investors and business partners," he said.
Mr. Katsuya, currently Executive Vice President and Chief Market Operations Officer, joined Nasdaq Japan in June 2000 after a 26-year career at the Nikko Securities Co. where he gained extensive securities experience, particularly in equity sales and trading, in both domestic and international assignments. Mr. Katsuya, 50, received his Bachelor of Arts degree in Economics from Keio University in 1974.
Nasdaq Japan, Inc., which operates the Nasdaq Japan Market, is a private, for-profit organization owned by The Nasdaq Stock Market, Softbank Corp. and thirteen leading securities firms. The Nasdaq Japan Market, which debuted on 19 June 2000, is a section of the Osaka Securities Exchange and has 82 listed companies. For more information, please visit www.nasdaq-japan.com.
