Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we hereby inform that the Members at the 27th Annual General Meeting (AGM) of the Company held on Tuesday, July 12, 2022 commenced at 11.00 A.M. through Video Conference considered and approved appointment of Mr. Minoru Kimura (DIN: 07497568) and Mr. Tomohiro Yao (DIN: 08429687) as Non-executiveNon-independent Directors of the Company.
Accordingly, please find enclosed the requisite information in prescribed format for the above mentioned appointments, content of which is self-explanatory.
This is for your information and record.
Thanking you.
Yours faithfully,
For Nippon Life India Asset Management Limited
Nilufer Shekhawat
Company Secretary & Compliance Officer
Encl.: As Above
Disclosure of events and information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015.
(a)
Name of Director
Mr. Minoru Kimura
Mr. Tomohiro Yao
(b)
Reason
for
change
Appointment
Appointment
viz.
appointment,
resignation,
removal,
death or otherwise
(c)
Date of appointment /
July 12, 2022
July 12, 2022
cessation
(as
applicable)
&
Appointed
as
a
Non-executive
Appointed
as a
Non-executive Non-
terms of appointment
Non-independent Director
independent Director
(d)
Brief Profile
(in case
Mr.
Minoru
Kimura,
aged
54
Mr. Tomohiro Yao, aged 50 years is
of appointment)
years
is
Managing
Executive
Regional
CEO for Asia
Pacific
and
Officer of Nippon Life Insurance
Head of India at Nippon Life Insurance
Company, and is responsible for
Company.
He
is
responsible for
operations in the Asia Pacific.
Head of Global Business.
He joined Nippon Life Insurance
Mr.
Tomohiro Yao is a seasoned
professional with over 25 years of
Company in 1990 and has spent
experience
in
the
life
insurance
more
than
25 years
and
has
industry. He has extensive knowledge
been
responsible
for
both
of Planning & Research and Global
domestic
and
foreign
securities
Business
Planning
at Nippon
Life,
investment,
including
his
Japan. In 2011 he assumed charges
assignments at NLI International
as
Executive
Assistant
to
the
Inc.
in
New
York, Nissay
Chairman
of
Life
Insurance
Deutsche
Asset
Management
Association,
Japan
for
2
years.
Europe
and
NLI Investments
Following which he was
engaged in
Europe in London.
Nippon
Life's
Global
Business
Previously,
he
was
General
Planning,
leading
Nippon
Life's
international M&A strategy. He was
Manager
of
Nippon
Life's
also
responsible
for
driving
Nippon
International
Planning
&
Life's overseas Insurance businesses
Operations
Department
including India, Mainland China as
managing
and
developing
well as the United States of America.
Nippon
Life's
oversea
life
insurance
and
asset
management business.
He has also played an active
He holds a degree of B.A. (Law) from
role
at
Nissay
Asset
Kyoto University and an MBA from
Management,
Nippon
Life's
Wharton School, University of
asset management subsidiary, in
Pennsylvania.
charge of various roles including
Head of investment planning.
He is a Bachelor of Laws from
Kyoto University, Japan.
(e)
Disclosure
of
Not Applicable
Not Applicable
relationships
between
directors (in
case
of
appointment
of
a
director)
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Disclaimer
Nippon Life India Asset Management Ltd. published this content on 12 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2022 16:53:00 UTC.
Nippon Life India Asset Management Limited is an asset management company. The Companyâs principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is involved in managing mutual funds, such as exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds, and offshore funds and advisory mandates. Its four offshore schemes include UCITS Equity Fund, UCITS Fixed Income Fund, India Fixed Income ETF, India Fixed Income ETF. The Company acts as an advisor for India focused Equity & Fixed Income funds in Japan, and in Thailand. It also manages offshore funds through its subsidiary in Singapore and has representative office in Dubai thereby catering to investors across Asia, Middle East, United Kingdom, United States, and Europe. Its subsidiaries include Nippon Life India Asset Management (Singapore) Pte. Ltd., and Nippon Life India AIF Management Limited.
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED 
