Aflac vice chairman named Nikkei's first non-Japanese external director
COLUMBUS, Ga., April 25 /PRNewswire-FirstCall/ -- Tokyo Stock Exchange
Chairman and President Taizo Nishimuro announced that Charles Lake, Aflac
Japan vice chairman, has been selected as an external director.
Lake, 44, will be the first non-Japanese appointed to this post since the
TSE, or Nikkei, became a stock company in 2001. His appointment will be
officially approved on June 22 at a general stockholders meeting.
After working as a U.S. trade representative, Lake joined Aflac Japan in
1999. In 2003, he became president of the company and has served in his
current role of vice chairman since 2005. In his new position, Lake is
expected to provide advice on overseas strategies and other matters.
The TSE also picked journalist Nobuko Takahashi, 52, as its first woman
Current board members Yasuo Kuramoto, a Fidelity Investments Japan Ltd.
vice chairman, and Nobuo Tateisi, an Omron Corp. (6645) advisor, are expected
to resign. Lake is expected to replace Kuramoto, and Tateisi is being replaced
The Nikkei, Asia's largest stock exchange, lists more than 2,300 firms and
handles about 90 percent of stock trading in Japan.
For 50 years, Aflac products have given policyholders the opportunity to
direct cash where it is needed most when a life-interrupting medical event
causes financial challenges. Aflac is the number one provider of guaranteed-
renewable insurance in the United States and the number one insurance company
in terms of individual insurance policies in force in Japan. Aflac's insurance
products provide protection to more than 40 million people worldwide. In
January 2005, Aflac was included in FORTUNE magazine's list of the 100 Best
Companies to Work For in America for the seventh consecutive year. Aflac has
also been included in both Forbes magazine's Platinum 400 List of America's
Best Big Companies and in FORTUNE magazine's listing of America's Most Admired
Companies for five consecutive years. Aflac Incorporated is a FORTUNE 500
company listed on the New York Stock Exchange under the symbol AFL. To find
out more about Aflac, visit aflac.com.
SOURCE Aflac Incorporated
CONTACT: Tim Turner of Aflac Incorporated, +1-706-243-5594, or
Fax, +1-706-320-2288, or email@example.com