Sompo CEO to step down over Bigmotor insurance fraud scandal

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Sompo CEO to step down over Bigmotor insurance fraud scandal

TOKYO, Japan, Jan. 26 Kyodo - Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada holds a press conference in Tokyo on Jan. 26, 2024, to announce he will 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. (Kyodo)

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          Press Conference by SOMPO Holdings and Sompo Japan

          Press Conference by SOMPO Holdings and Sompo Japan

          Press Conference by SOMPO Holdings and Sompo Japan. Giichi Shirakawa, President of Sompo Japan Insurance Inc. =Date:January 26, 2024, Place: Tokyo
            Press Conference by SOMPO Holdings and Sompo Japan

            Press Conference by SOMPO Holdings and Sompo Japan

            Press conference by SOMPO Holdings and Sompo Japan. Kengo Sakurada, Representative Executive Officer and Chairman of SOMPO Holdings Group CEO. =Date:January 26, 2024, Place: Tokyo
              Press Conference by SOMPO Holdings and Sompo Japan

              Press Conference by SOMPO Holdings and Sompo Japan

              Press conference by SOMPO Holdings and Sompo Japan. Kengo Sakurada, Representative Executive Officer and Chairman of SOMPO Holdings Group CEO. =Date:January 26, 2024, Place: Tokyo
                Press Conference by SOMPO Holdings and Sompo Japan

                Press Conference by SOMPO Holdings and Sompo Japan

                Press conference by SOMPO Holdings and Sompo Japan. Photo from left to right: Mikio Okumura, President of SOMPO Holdings; Kengo Sakurada, Representative Executive Officer and Chairman of SOMPO Holdings Group CEO. =Date:January 26, 2024, Place: Tokyo
                  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 holds a press conference in Tokyo on Jan. 26, 2024, to announce he will 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.
                    Press Conference by SOMPO Holdings and Sompo Japan

                    Press Conference by SOMPO Holdings and Sompo Japan

                    Press conference by SOMPO Holdings and Sompo Japan. Kengo Sakurada, Representative Executive Officer and Chairman of SOMPO Holdings Group CEO. =Date:January 26, 2024, Place: Tokyo
                      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 holds a press conference in Tokyo on Jan. 26, 2024, to announce he will 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.