Dai-ichi Life Holdings names Koichiro Watanabe as director

He holds the same position for Dai-ichi Life Insurance.

Dai-ichi Life Holdings has named Koichiro Watanabe as director and chairman of the board, according to an announcement.

Watanabe is also the director and board chairman of Dai-ichi Life Insurance. He was the former representative director of both firms.

To improve corporate governance, the chairman will no longer hold a dual position as a representative director in order to clarify the separation between supervision and business execution, the insurer said.