Makoto Hyodo

Profile
Appointed
Name in Japanese
兵頭誠
Tenure

Tenure

Background

He joined Nippon Fire and Marine Insurance in 1967 and worked in sales, as General Manager of Metropolitan Sales Department No. 1, Fukushima branch manager, Hiroshima branch manager and General Manager of Corporate Sales Department No. 4. He became an Executive Officer in June 1999, Managing Executive Officer in April 2002, Senior Managing Executive Officer in June 2004 and Representative Director and Executive Vice President in June 2005. Nippon Fire merged with Koa Fire and Marine Insurance in 2001 to form Nipponkoa Insurance, and Hyodo became its Representative Director, President and Chief Executive Officer in April 2007.

Education: Waseda University, School of Political Science and Economics (1967)

Selection

In April 2010 Sompo Japan Insurance and Nipponkoa Insurance established the holding company NKSJ Holdings through a joint share transfer. Hyodo moved from President of Nipponkoa to Representative Director, Chairman and CEO of the holding company, and Masatoshi Sato, President of Sompo Japan, became Representative Director and President. Group management began with the two former companies sharing the chairman and president posts.

Initiatives

NKSJ listed on the First Sections of the Tokyo and Osaka stock exchanges on the day it was established. Sompo Japan and Nipponkoa were kept as separate operating companies, with the holding company overseeing both. The life insurance subsidiaries merged in October 2011, unified as NKSJ Himawari Life. In the fiscal year ended March 2011, the first year of the integration, the group posted a net loss of ¥12.9 billion on ordinary income of ¥2,621.6 billion.

Career

Career

Nippon Fire and Marine Insurance

Date Position
Apr 1967 入社以後 同社首都営業第一部長、福島支店長、広島支店長、企業営業第四部長を経て (translation pending)
Jun 1999 Executive Officer, General Manager, Corporate Sales Fourth Department
Jun 2000 Executive Officer, General Manager, Tohoku Sales Headquarters
Apr 2001 Executive Officer, General Manager, Tohoku Headquarters
Dec 2001 Executive Officer, General Manager, Tohoku Headquarters and General Manager, Iwate Branch
Mar 2002 Managing Executive Officer, General Manager, Head Office Sales Fifth Department
Apr 2002 Managing Executive Officer
Jun 2004 Senior Managing Executive Officer
Jun 2005 Representative Director, Executive Vice President, Executive Officer
Apr 2007 代表取締役社長首席執行役員 (translation pending)

Sompo Holdings

Date Position
Apr 2010 Representative Director, Chairman, CEO, Executive Officer

NIPPONKOA Insurance Company, Limited

Date Position
Jun 2011 Chairman