Sony Group Corp. announced that it is promoting Hiroki Totoki, its executive deputy president, to president and chief operating officer, effective April 1, 2023. Totoki will replace current President Kenichiro Yoshida, marking the first change in the Sony Group's presidency in five years.

Yoshida will remain as chairman and CEO with the right to represent the company. Totoki joined Sony, now the Sony Group, in 1987 and played a key role in the establishment of Sony Bank. He is known for his expertise in planning business strategies and identifying new business opportunities.