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ANNOUNCEMENT OF NEW APPOINTMENTS [Tokyo, Japan / London, UK] Sosei Co. Ltd. (M-4565, TSE) announced today new appointments, effective September 16, 2004 to strengthen its senior management and R&D capabilities. Yoshiyuki YAMAKAWA Appointed as Representative Director, Executive Vice President and CFO, Administration (Previously Board Director, Executive Vice President and CFO) Yuzo TARUMI, Ph.D. Appointed as Representative Director and Executive Vice President, R&D and New Business Development (Previously Representative Director and Executive Vice President, R&D) Kenzo NAKAJIMA Appointed as Board Director (Previously Chairman of the Board) Hiroyoshi USUDA Appointed as Executive Auditor (Previously Auditor) Toshiyuki KITAURA Appointed as Senior Vice President of Clinical Development (Previously Executive Auditor) Yoshiyuki YAMAKAWA was appointed new Representative Director, Executive Vice President and CFO to strengthen our senior management post IPO. Yuzo TARUMI assumes additional responsibilities for New Business Development aimed for business expansion in the US. Kenzo NAKAJIMA focuses on Stem Cell Sciences KK where he serves as President & CEO. Toshiyuki KITAURA is appointed to strengthen Clinical Development utilising his professional background and Hiroyoshi USUDA succeeds as executive auditor following the resignation of KITAURA from that position. *Notes to Editors: Introduction of New Representative Director Yoshiyuki Yamakawa Mr. Yamakawa joined Sosei in September 2001 and had been appointed as Vice President of Corporate Planning. He became Executive Vice President in May 2003 and then Executive VP and CFO in October 2003. - Ex-VP of Corporate Finance Group at Capital.com Inc. - Former Director of Corporate Planning Department at Innotech Corporation and responsible for corporate strategy planning, finance, legal and IR - Formerly with stock investment division of Nippon Life Insurance Company and with underwriting division of Nomura Securities. - BA in Economics from Waseda University. - Chartered Member of the Security Analysts Association of Japan. |
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