Tokio Marine Holdings Establishes New IR/SR Desk in NYC
Tokio Marine Holdings, Inc. (President and Group CEO: Satoru Komiya) has announced the establishment of an Investor Relations and Shareholder Relations (IR/SR) Desk in New York City as part of the IR/SR Group of the Global Communications Department. The new Desk will further strengthen Tokio Marine Holdings’ relationships with institutional investors, shareholders and equity analysts in the United States, across the Americas, as well as in Europe.
Working in conjunction with Tokio Marine Holdings’ Executive Team and the IR/SR team in Tokyo, the Desk will strengthen communication and dialogue between the capital markets and Tokio Marine Group. The IR/SR Desk will be operational from April 1st, 2024.
The Desk is led by Taro Arakawa, who brings more than seven years of investor relations experience to the new role. He joined Tokio Marine Group in 2002. Since 2017, he has been responsible for investor and shareholder relations for Tokio Marine Holdings. In this role, he has worked closely with the top executive team of the Group to effectively communicate the growth story and future strategy with capital markets. Prior to working in the IR/SR field, he held a series of roles in marketing, product development, and business process innovation across the Tokio Marine Group.
Alongside Taro’s appointment, Simon Spitalny joins the IR/SR Desk as a Value Enhancement Strategist. With over 15 years of experience in global equity sales at investment banks and securities firms, he brings a wealth of knowledge of the capital markets combined with strong and established relationships in the industry.
Kenji Okada, Group CFO, Tokio Marine Holdings, said, “We are delighted to appoint Taro to lead our new IR/SR Desk in New York. With his expertise both in the insurance industry as well as his specialty in the IR field, we are confident he will successfully establish the Desk and work to further enhance our dialogue with capital markets. Over the past ten years, Tokio Marine Group’s EPS has grown by 12%, significantly outpacing the market. We are increasingly setting ourselves apart from our peers, establishing a new offering outside Japan to engage our international investors and shareholder base is the latest example of this.”
By working to integrate the voices of the capital markets into the core management strategy of the group, the Desk will make a significant contribution towards the further enhancement of the corporate value of Tokio Marine Group.[IA]