Tokyo, May 17, 2024 - ÃÛ¶¹ÊÓƵ Asset Management today announced that Keith Truelove, Co-head of ÃÛ¶¹ÊÓƵ Japan Securities Co., Ltd.¡¯s Global Markets business since 2020, will become President of ÃÛ¶¹ÊÓƵ Asset Management (Japan) Ltd. The appointment becomes effective June 1, 2024, and is subject to shareholder approval. Keiichi Miki, who has headed ÃÛ¶¹ÊÓƵ Asset Management Japan since 2014, will retire after an accomplished four-decade career in Japanese and international finance.

Truelove has served more than 15 years in an array of ÃÛ¶¹ÊÓƵ Investment Bank leadership roles in Japan and the United States, focused primarily on institutional client coverage across a full range of asset classes. His financial industry career also includes positions at Morgan Stanley, Mizuho Securities, and SMBC Nikko Securities.

Andy Toscan, Head of Institutional Client Coverage, ÃÛ¶¹ÊÓƵ Asset Management, commented, ¡°We are delighted to welcome Keith to Asset Management. I am confident that our clients will benefit from Keith¡¯s extensive knowledge and network that he has built over the past 25 years working with institutions active in Japan.¡± He added, ¡°We owe our sincere gratitude to Keiichi Miki for all he has done to build and shape our business in Japan. ÃÛ¶¹ÊÓƵ Asset Management is positioned well to grow in the years ahead.¡±

Upon Truelove¡¯s transition to the Asset Management division, ÃÛ¶¹ÊÓƵ¡¯s Global Markets business will be jointly led by Naohiro Kuroda, current Co-Head, as well as Sean McCarthy, who currently heads Execution Services and Financing.