Deutsche Securities Inc appoints Kanari as chairman

by Richard Kilner

Story link: Deutsche Securities Inc appoints Kanari as chairman

Deutsche Securities Inc. (DSI) has named its new chairman as Norimichi Kanari.

He joins DSI from The Bank of Tokyo-Mitsubishi UFJ, Ltd, where he spent almost four decades and recently held the position of deputy president.

Kanari will assumes his post on 1 October, and succeeds Toru Hashimoto, who has held the role since 1 July 2003.

Hashimoto retain his place on the firm’s Deutsche Bank Group Asia-Pacific Advisory Board, where he will continue to offer his financial and corporate insight into matters relating to developments in Japan.

Global Head of Regional Management Jürgen Fitschen has welcomed Kanari’s appointment, describing Japan as an integral market for the firm.

Fitschen went on to thank Hashimoto for his service, adding that Kanari was well qualified to replace him.