Seiji Inagaki

Profile
Tenure
Apr 2017 – Apr 2023
Years in office
6.0 years
Name in Japanese
稲垣精二
Title at appointment
Representative Director, President
Performance in office
Daiichi Life Group
Performance in office
FY2017FY2023Change
Revenue¥6.5trillion¥9.5trillion+47%
Net margin3.6%1.8%−1.8pt
WatanabeInagakiKikuta
Revenue¥7.3 trillionRevenue¥11.3 trillionNet margin2.4%Net margin3.9%2012/32016/32021/32026/3
Revenue¥7.3 trillionRevenue¥11.3 trillionNet margin2.4%Net margin3.9%2012/32016/32021/32026/3
Tenure

Tenure

Background

He joined Dai-ichi Life Insurance in April 1986. In April 2012 he took charge of asset management planning as Executive Officer and General Manager of the Investment Planning Department, then became Managing Executive Officer in April 2015 and Director and Managing Executive Officer in June 2016. Like his predecessor Koichiro Watanabe and Katsutoshi Saito before him, he was a career employee who joined in the mutual company era.

Education: Keio University, Faculty of Economics (1986)
Education: Harvard University, Graduate School of Business (1992)

Selection

In April 2017 he moved from Director and Managing Executive Officer to President, succeeding Koichiro Watanabe, who became Representative Director and Chairman that month. It came just after the company had renamed itself Dai-ichi Life Holdings the previous October and shifted to a holding company structure, making him the first President to oversee a group spanning domestic life insurance, overseas insurance and asset management. In the fiscal year ended March 2017, the year before he took office, ordinary income was ¥6,456.7 billion and net income ¥231.2 billion.

Initiatives

The overseas network kept growing after the move to a holding company, with offices opened in Cambodia in March 2018, Myanmar in May 2019 and a reinsurance base in Bermuda in December 2020. In November 2022 the group made New Zealand's Partners Group Holdings a subsidiary, and in January 2023 it entered pet insurance by acquiring ipet Insurance through a tender offer. From April 2022 he ran the company with the title of Representative Director, President and CEO.

Career

Career

Dai-ichi Life Holdings

Date Position
Apr 1986 Joined Dai-ichi Life Insurance
Apr 2012 Executive Officer, General Manager, Operations Planning Department
Apr 2015 Managing Executive Officer
Jun 2016 Director, Managing Executive Officer
Apr 2017 Representative Director, President
Apr 2022 Representative Director, President, CEO
Apr 2023 Representative Director, Chairman
Apr 2023 Stepped down as President