Atsushi Saito

From MarketsWiki

Atsushi Saito
Occupation	President and CEO
Employer	Tokyo Stock Exchange
Location	Tokyo
Web site	http://www.tse.or.jp/english

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.

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.

After retiring from Nomura, Saito served successively as president, then chairman of Sumitomo Life Investment Co, before being appointed in April 2003 as president Industrial Revitalization Corporation of Japan, the state-backed group formed to restructure the banking system’s bad-loan crisis^[2].

Recent News

In February of 2008, Saito's monthly salary was cut by 10% for one month following trading system failures at the TSE.^[3] 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. Retrieved on April 29, 2008.
2. ↑ Speaker biographies. ICMA. Retrieved on January 22, 2008.
3. ↑ TSE cuts executives' pay after latest trading glitch. Finextra. Retrieved on April 29, 2008.