Koichiro Watanabe was born on April 16, 1953. He graduated from the Faculty of Economics of Tohoku University in March 1976. In April 1976 he joined Dai-ichi Mutual Life Insurance Co. Rising through the ranks he served as Managing Executive Officer of Dai-ichi Mutual Life Insurance Co. and also became Senior Managing Executive Officer. He became a Direct of Dai-ichi Life Insurance Company, Limited in 2001. In April 1, 2010, Koichiro was appoint President of Dai-ichi Life Insurance Company, Limited.
The company that Koichiro leads was the oldest mutual insurance company in Japan until a motion to demutualise was passed in 2009 and, on April 1, 2010, was listed on the Tokyo Stock Exchange. The firm was founded on September 15, 1902. Dai-ichi Life is the third-largest life insurer by revenue in Japan. It’s just behind Japan Post Insurance and Nippon Life.
The firm deals in big money, it was announced that Dia-ichi in October 2014, raised $1 billion by issuing US-dollar-denominated subordinated bonds in overseas markets.
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