Daiwa Securities Group Inc. announced the appointment of Hiroaki Kato from Senior Managing Director, Deputy Head of Asia & Oceania, Daiwa Capital Markets Hong Kong Limited President & CEO to Senior Managing Director, Deputy Head of Asia & Oceania, Daiwa Capital Markets Hong Kong Limited Deputy President, Effective September 1, 2022. The company also announced the resignation of Michael Xian as Senior Managing Director, Deputy Head of Asia & Oceania Daiwa Capital Markets Hong Kong Limited President and CEO.