Atsushi Saito

Atsushi Saito was named president and CEO of Tokyo Stock Exchange Inc. in March of 2007 and formally approved by stockholders in June of 2007, and in August that year became the first President and CEO of Tokyo Stock Exchange Group.^[1] He replaced Taizo Nishimuro who moved to the role of chairman.

Saito also serves on the board of directors of the World Federation of Exchanges.^[2][3]

Contents 1 Background 2 Recent News 3 Education 4 References

Background

Saito started his career as a junior analyst at Nomura Securities, and spent 35 years at the firm, stationed twice in New York and appointed to the board in 1986. At Nomura, he worked in Treasury and fixed-income dealing and several other divisions, rising to become deputy president.^[4]

After retiring from Nomura, Saito served successively as president, then chairman of Sumitomo Life Investment Co, before being appointed in April 2003 as president of Industrial Revitalization Corporation of Japan (IRCJ), the state-backed group formed to restructure the banking system’s bad-loan crisis.^{[5] [6]}

Recent News

In February of 2008, Saito's monthly salary was cut by 10% for one month following trading system failures at the TSE.^[7] Senior managing director and COO Yasuo Tobiyama and CIO and managing director of TSE's systems unit, Yoshinori Suzuki also had their salaries cut by 10% for one month.

Education

Saito graduated from Keio University in 1963.

References

1. ↑ Tokyo bourse names Atsushi Saito as next president. AFX.
2. ↑ 2010 Annual Report & Statistics. World Federation of Exchanges.
3. ↑ Board of Directors. World Federation of Exchanges.
4. ↑ Meet Atsushi Saito, President of the Tokyo Stock Exchange. PBS.
5. ↑ Speaker biographies. ICMA.
6. ↑ Tokyo stock exchange names new chief. The Times (UK).
7. ↑ TSE cuts executives' pay after latest trading glitch. Finextra.