Financial services industry veteran to lead local office and
distribution strategy. Brings extensive experience in the Japanese
institutional and intermediary channels as firm deepens its longstanding
commitment to serve Japanese clients
TOKYO--(BUSINESS WIRE)--
T. Rowe Price today announced that Naoyuki Honda will join the firm in
early May to officially become Country Head for Japan after a filing
with Japanese regulators. In this important role, Mr. Honda, a veteran
of three decades in the financial services and asset management
industries, will act as the firm's official Representative in Japan and
lead its overall Japanese business and distribution strategy, working
closely with senior colleagues in Tokyo and across the firm.
Mr. Honda will lead T. Rowe Price's business in Japan, including sales
and client service functions. After appointment as a Representative in
Japan, he will be responsible for the overall management of T. Rowe
Price's office in Tokyo, ensuring optimal coordination of the Japanese
business across all functions locally and with other T. Rowe Price
offices. Mr. Honda will also liaise with Japanese governmental and
regulatory authorities as well as industry associations.
Mr. Honda joins the firm from Mitsubishi UFJ Morgan Stanley PB
Securities, where he has spent a decade, most recently as Managing
Director, Chief Product Officer, and Head of Marketing and Product
Development. Prior to this position, Mr. Honda spent two decades in
senior management and sales roles at Merrill Lynch Investment Managers
Japan, Merrill Lynch Japan, and at Goldman Sachs in the US and in Japan.
He began his career at Sanyo Securities Co., Japan, in 1983 after
graduating with a Bachelor of Sciences degree in International Finance
and Trade from Louisiana State University in the U.S.
Mr. Honda will report to Scott Keller, Head of Global Investment
Services, Asia Pacific.
QUOTES
Scott Keller, Head of Global Investment Services, Asia Pacific:
"We are thrilled to welcome Naoyuki Honda to T. Rowe Price. He is a
seasoned veteran with over 30 years in financial industries, including
investment management, institutional business, and wealth management
business, with mostly US-based firms. Honda-san brings proven
cross-functional leadership capabilities as well as deep experience and
knowledge of the Japanese investment management marketplace. His strong
leadership track record in building and maintaining client relationships
is exactly what we need to bring our investment expertise and services
to a growing number of institutional and intermediary clients in Japan."
Mr. Naoyuki Honda:
"I am greatly honored to be joining T. Rowe Price and look forward to
helping deepen and expand the business in Japan. T. Rowe Price has a
longstanding reputation for investment excellence, superior client
service and the highest standards of integrity. Building off these
strong foundations, I'm excited about developing products and services
for an increasing range of Japanese clients in the years ahead."
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global
investment management organization with $763.1 billion in assets under
management as of December 31, 2015. The organization provides a broad
array of mutual funds, subadvisory services, and separate account
management for individual and institutional investors, retirement plans,
and financial intermediaries. The company also offers sophisticated
investment planning and guidance tools. T. Rowe Price's disciplined,
risk-aware investment approach focuses on diversification, style
consistency, and fundamental research. For more information, visit troweprice.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160329006576/en/
T. ROWE PRICE, PUBLIC RELATIONS
GLOBAL: Edward Giltenan,
+1-410-345-3437
edward_giltenan@troweprice.com
EMEA:
Anne Read, +44-20-7651-6566
anne_read@troweprice.com
APAC:
Emma Cullen-Ward, +61 2 8915 9900
OneProfile Communications
emma@oneprofile.com.au
AMERICAS:
Bill Weeks, +1 410-345-4713
bill_weeks@troweprice.com
Source: T. Rowe Price
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