Sompo CEO to step down over Bigmotor insurance fraud scandal

Sompo CEO to step down over Bigmotor insurance fraud scandal

Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada (R) bows at a press conference in Tokyo on Jan. 26, 2024, and announces he intends to step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal.

  • Product Code
  • ILEA002235257
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  • Kyodo / Kyodo News Images
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  • 2024 Kyodo News
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