AXA Investment Managers (AXA IM) has hired Masanori Tanabe as new external director and chairman in Japan in a move to grow and develop its presence in the country.
Tanabe has worked as director and chairman of AXA Life Japan and Axa General Insurance Japan since 2015.
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Tanabe joined AXA IM from Bank of Japan (BoJ), where he has held executive roles for 30 years from 1975 to 2005, most notably in policy planning and market operations.
Prior to this, Tanabe also served as the governor of the Deposit Insurance Corporation of Japan. He has also held non-executive directorships at the Enterprise Turnaround Initiative Corporation of Japan.
AXA IM Japan CEO and representative director Francisco Arcilla said: "We are delighted to welcome Tanabe-san on board to help accelerate our efforts in Japan.
"We feel privileged to participate in the exciting recent redevelopment of the Japanese financial industry under Abenomics, including the increased emphasis on stewardship and responsible investing, which strongly resonates with AXA IM’s core values".
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By GlobalDataTanabe said: "I am pleased to join AXA IM and look forward to working with the team to continue growing AXA IM’s capabilities in Japan in both the institutional and retail space. I look forward to helping AXA IM achieve its ambition of becoming a trusted partner of choice for Japanese investors."
