Scandal-hit Meiji Yasuda decides to replace 11 executives

Scandal-hit Meiji Yasuda decides to replace 11 executives

TOKYO, Japan - Meiji Yasuda Life Insurance Co. said Nov. 4 it has decided to replace all nine of its most senior-level executives along with two other executives in order to take responsibility for its failure to pay insurance claims. At a news conference in Tokyo the same day were Managing Director Kenji Matsuo (R), who will succeed President Ryotaro Kaneko, and Managing Director Kenichi Sekiguchi (L), who will replace Chairman Mikihiko Miyamoto, both on Dec. 1.

  • Product Code
  • ILEA001111769
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  • 2005/11/04 00:00:00
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  • Kyodo / Kyodo News Images
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