Direct Capital Connection Announce Retirement and Appointment Of Board Members
Direct Capital Connection today announced that Mr. Tanaka Akiko has been appointed to the firms Board of Directors and Mr. Sen. no Yasuka will retire from its Board of Directors at the end of the year.
- (1888PressRelease) October 12, 2012 - Direct Capital Connection the Tokyo based manager of privately invested funds, with proven market experience across many markets and sectors, founded in 1996 today announced that Mr. Tanaka Akiko, former chief information officer at one of Japans largest banks has been appointed to Direct Capital Connection's Board of Directors, effective immediately. In addition, the Company announced that Mr. Sen. no Yasuka will retire from its Board of Directors at the end of the year.
Direct Capital Connection's new board member Mr. Akiko, age 57, was most recently, executive vice president and corporate chief information officer of one of Japans largest bank, the third largest bank holding company in Asia. Prior to this role, Akiko held the position of executive vice president and chief information officer of another of Japans top banking institutions from 2001 to 2004. Most of Akiko's 30-year banking career has been in leading technology and operations during dramatic consolidation in the industry.
Direct Capital Connection's Co Founder, Chairman and CEO said "We are extremely delighted to welcome Tanaka Akiko to Direct Capital Connection Board of Directors, Akiko is a very accomplished executive who brings with him to Direct Capital Connection a wealth of experience in financial services, technology and a proven track record, which will prove to be invaluable as we execute against our strategic growth plan for the future."
Direct Capital Connection also announced the retirement of Mr. Sen. no Yasuka who has served as a director of Direct Capital Connection since the company was formed in 1996. Yasuka will reach the company's mandatory retirement age early next year (70) so he will continue to serve on the Board for until the end of 2012 while in a period of transition. Yasuka is a founding member of the Audit Committee. "Sen. has made some very significant contributions to Direct Capital Connection over the past decade," Damian Beasley, Co Founder and Managing Director said. "He has provided some valuable insight as we executed the initial growth of Direct Capital Connection during the late 1990's," Breasley continued. "In our more recent past, he provided guidance in the development of the company's Growth strategy and his extreme knowledge and experience has been such a benefit in making our company what it is today. I would personally like to thank Sen. for his wonderful service and dedication to Direct Capital Connection and his guidance to its leaders over the last 16 years"
About Direct Capital Connection:
Direct Capital Connection is both a stage and sector focused investor.
We invest in various sectors and market places, always looking carefully at the risk to reward of any move we make in the markets. Our portfolio of companies conduct critical services and activities for their customers across all the global markets.
We have proven market experience across many markets and sectors. Firstly, consumer discretionary markets and sectors capitalizing on emerging economies and high-end consumer strengths. In consumer staples, we have identified brand power as a strong fundamental and also growth in emerging markets. In the energy markets we have correctly identified companies with new drilling techniques to perform well, and we continue to take advantage of the demand for liquid natural gas.
Financial markets have also proven themselves to us, especially with the dominance of the Chinese banks, and financials are still profitable despite the "Age of Austerity". We have capitalized upon personalized medicine in the healthcare market, and believe that it will continue to show growth in the future due to an aging global population.
In the industrial markets, we have exploited the competitive threat from China, and feel positive about strong growth in efficient energy sectors. As for the technology industry, we are doing exceptionally well with the rise of cloud computing and the concept of software as a service.
In the materials market, agricultural demand has served us well, and, especially during a global recession, we have capitalized on gold as a reserve currency.
Our knowledge of the telecommunications market is parallel to none, and we have successfully capitalized on wireless data and cellular towers. Last but not least, we are very familiar with the utilities markets, and have found them profitable despite stricter environmental regulations, helped by low-cost natural gas.
We invest in various sectors and market places, always looking carefully at the risk to reward of any move we make in the markets. Our portfolio of companies conduct critical services and activities for their customers across all the global markets.
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