Shigeharu Suzuki
Profile
Performance in office
Tenure
Tenure
Background
He joined Daiwa Securities in April 1971, became General Manager of Underwriting Department No. 1 in July 1991 and a Director in June 1997. He became head of Investment Banking in May 1998 and Managing Director in June that year, took charge of the Corporate Planning Group in April 1999, and from July 2000 was responsible for corporate planning, IR and public relations. In June 2002 he moved to Daiwa Securities SMBC as Senior Managing Director and head of Investment Banking, becoming its Representative Director and Senior Managing Director in June 2003. His shareholding in the officers' list for the fiscal year ended March 2010 was 123,000 shares.
Selection
In June 2004 he succeeded Yoshinari Hara as Director, Representative Executive Officer and President (CEO), also serving as Representative Director and President of Daiwa Securities. At the holding company he had risen no higher than Senior Managing Director, from June 2001, and became President without serving as Deputy President. The group had posted a consolidated net loss of ¥130.5 billion in the fiscal year ended March 2002 and a loss of ¥6.3 billion in the FY ended March 2003, and the change came just as it returned to net income of ¥42.6 billion in the FY ended March 2004. His title on appointment also noted responsibility for the retail division.
Initiatives
In December 2009 the group dissolved its wholesale joint venture with Sumitomo Mitsui Financial Group, made Daiwa Securities SMBC a wholly owned subsidiary, and in April 2010 renamed it Daiwa Securities Capital Markets. In April 2011 it established Daiwa Next Bank, entering banking as a securities group. The FY ended March 2009 saw a consolidated ordinary loss of ¥141.1 billion and a net loss of ¥85.0 billion, the FY ended March 2010 ordinary profit of ¥102.9 billion and net income of ¥43.4 billion, and the FY ended March 2011 another net loss of ¥37.3 billion. In April 2011 he handed the presidency to Takashi Hibino.
Career
Career
Daiwa Securities Group
| Date | Position |
|---|---|
| Apr 1971 | Joined |
| Jul 1991 | General Manager, Underwriting First Department |
| May 1997 | in charge of Business Corporate Headquarters |
| Jun 1997 | Director |
| May 1998 | General Manager, Investment Bankingu Headquarters |
| Jun 1998 | Managing Director |
| Feb 1999 | 秘書室、人事部、職員相談室、総合企画室、広報部担当 (translation pending) |
| Apr 1999 | Group in charge of Corporate Planning |
| Jul 2000 | in charge of Corporate Planning and Investor Relations and Public Relations |
| Jun 2001 | Senior Managing Director |
| Apr 2002 | in charge of Corporate Planning and Public Relations Investor Relations |
| Jun 2004 | Director, Representative Corporate Executive Officer, President and in charge of Retail Division, Representative Director, President, Daiwa Securities |
| Apr 2011 | Stepped down as President |
Daiwa Securities Esuemubishi
| Date | Position |
|---|---|
| Jun 2002 | Senior Managing Director |
| Jul 2002 | General Manager, Investment Bank Headquarters and in charge of Corporate Planning |
| Jun 2003 | Representative Director, Senior Managing Director |
References 1
References (Japanese primary sources)
- 大和証券グループ本社 有価証券報告書【役員の状況】（2010年3月期）