Kohlberg Kravis Roberts has appointed Shusaku Minoda to chairman of KKR Japan from his position as managing director and chief executive officer.
In addition, Hirofumi Hirano has been hired as the new managing director and chief executive officer of KKR Japan.
Hirano joins KKR from AlixPartners Asia where he was managing director and head of Asia financial service industry practice.
Both appointments are effective 15 April 2013.
Henry R Kravis, Co-founder, co-chairman and co-CEO of KKR, says: "Shu Minoda has led our business as CEO of KKR Japan for six years and has built an excellent platform for future growth. As Chairman, we look forward to his continued leadership in maintaining trusted relationships with our business partners and key stakeholders as well as in our government relations.”
Prior to joining AlixPartners, a turnaround specialist consulting firm, Hirano was CEO of the merchant-banking group of Nikko Cordial Group (now known as SMBC Nikko Securities) and also chairman of Nikko Principal Investments. During his career, he also served as a director of numerous companies, including Nikko Citigroup and Nikko Asset Management.
