Rising through the ranks, Yasuyoshi Karasawa leads a multibillion company which has undergone a number of mergers. To be able to reach the top post of a merged company demonstrates his top-level leadership and managerial capabilities.
Yasuyoshi Karasawa joined The Sumitomo Marine and Fire Insurance Co., Ltd in April 1975. He became Executive Officer, General Manager of Corporate Planning Department of Mitsui Sumitomo Insurance Co., Ltd (“MSI”) in April 2004. The following year in June 2005 he was Director, Executive Officer, General Manager of Corporate Planning at MSI.
In April 2006, Yasuyoshi was Director, Managing Executive Officer at MSI. He was Director, Senior Executive Officer of MSI and Director of what is now MS&AD Insurance, in April 2008. Yasuyoshi became Director, Senior Executive Officer of MS&AD Insurance in April 2009.
In April 2010 he was appointed President and CEO of MSI (a position he still holds) and Director, Executive Officer of MS&AD Insurance. Then on June 2014, Yasuyoshi became the President, Director and CEO of MS&AD Insurance Group Holdings Inc.
He has been focused and involved in the medium-term management plans of the group such as the “New Frontier 2013” launched in 2010 which among other things dealt with achieving sustainable growth through improvement in quality and pursuing group synergies that capitalize on the collective strength of the Group. in 2014 the Group began implementing a new medium term management plan called “Next Challenge 2017”, with the objective of achieving further growth based on the sound foundation that they had built to date.
Yasuyoshi has managed to rise and lead a company that has been a product of a number of mergers. MS&AD Insurance Group Holdings is the insurance holding company of the new Group formed in April 2010 through the merger of Aioi Insurance Co., Ltd, Nissay Dowa General Insurance Co., Ltd, and Mitsui Sumitomo Insurance Group.
MS&AD has around 37,000 employees and generates sales in excess of $44 billion dollars and is headquartered in Tokyo, Japan.
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