Monex Group Reveals Suite of Changes to Senior Management

The Monex Group, a financial services provider based in Japan, announced this Friday a number of personnel changes among its subsidiaries, including retail broker Monex Inc, and its cryptocurrency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Coincheck.

According to the statement published today, a number of top senior executives will have some changes to their roles and responsibilities, effective from the 20th of June 2020. Namely, the Chief Executive Officer (CEO) of the Monex Group, Oki Matsumoto, is now responsible for Japan Catalyst, Inc., an investment advisory firm.

Furthermore, the Chief Operating Officer (COO) of the Group now also has Human Resources responsibilities, the document shows. In addition, Satoshi Hasuo, who was an Executive Officer, has resigned from their position.

Changes of Executive Directors at Monex Group

The following Executive Directors of the Group - Masaki Ueda, Koichiro Wada, Yusuke Otsuka, Neal Sato and Noboru Mizuta - have all stepped down from their positions, and will instead, all hold Director positions across the Group’s subsidiaries.

Taking a look at Monex, Inc, the Japanese retail broker of the Group, Yorinobu Watanabe has been appointed as an Executive Director, effective on the 18th of June 2020. Previously, they were the General Manager, IT Management Department of Monex, Inc.

As of the 1st of July this year, Yudai Mori will be joining the retail broker as the General Manager, Hachinohe Contact Center. On the same day, Atsushi Yasuhara, will take on the additional role of General Manager, Systems Department.

Over at Coincheck, a cryptocurrency exchange and digital wallet company, Shoji Kuwashima will no longer be an Executive Director from the 19th of June 2020. However, they will remain on as a Managing Director of the crypto firm.

For Monex Asset Management, Inc. as of today Yasuyuki Kotera will be resigning as a Managing Director, the statement said. Japan Catalyst, Inc., on the other hand, will be welcoming Masaki Ueda as a Managing Director on the 20th of this month. Ueda is currently not employed within the Monex Group.