Daiwa Securities Group Inc. announced the Tomokazu Furuhashi from Senior Managing Director Head of Regional Marketing (Osaka Branch, Umeda Branch) Head of Osaka Branch to Senior Managing Director Head of Regional Marketing (Osaka Branch) Head of Osaka Branch. Yoshinori Nakazawa from Senior Managing Director; Head of FICC; Head of Product Marketing Dept. to Senior Managing Director Head of FICC.

Kazuhiro Arai from Head of Okayama Branch to Head of Product Marketing Dept. Yoshitaka Yonemura from Corporate Clients Banking Dept. Managing Director Head of Osaka Corporate Clients Banking Dept.

Takeyoshi Chin from Retail Marketing Strategy Dept. Managing Director to Head of Wealth Management Advisory Dept.