Kaguya Komatsu has been named the first female CEO of J.P. Morgan Asset Management-Japan, succeeding Shoichi Ohkoshi, who will become chairman of JPMAM-Japan.
Both Komatsu and Ohkoshi will report to Daniel Watkins, Asia-Pacific CEO of JPMAM, said a Jan. 27 news release.
In her new role, Komatsu will be “responsible for driving the strategic direction and accelerating the growth momentum of the Japan business” and will “oversee all aspects of the business, including institutional and funds sales, product development, client services and operations,” the release noted.
Komatsu, who joined the firm in 2011, most recently served as head of funds and institutional business for Japan.
As chairman, Ohkoshi will focus on “elevating the firm’s profile in the industry, driving major client pursuits and managing strategic relationships with regulators and stakeholders,” the release said.
Watkins commented in the release that the firm sees "enormous potential in Japan’s asset management industry, bolstered by ongoing industry reforms, supportive government policies and dynamic economic opportunities.”
Parent corporation JPMAM had $3.6 trillion in assets under management as of Dec. 31.
