Tokai Tokyo Financial Holdings announces leadership change and stock option plan

Tokai Tokyo Financial Holdings [TSE:8616] announced a strategic leadership transition and a new stock option plan, signaling a move to accelerate strategic initiatives and enhance shareholder value. Effective June 26, 2025, Hiroshi Kasugai will assume the role of Representative Director and President, pending shareholder approval at the 113th Annual General Meeting. Kasugai succeeds Masataka Sato, who will be stepping down from the Representative Director and President role.