JFE Holdings, Inc. announced that Hajime Bada, currently President and CEO, JFE Holdings, will resign from these posts, and later from the company's board of directors, to become an advisor in late June. Akimitsu Ashida, currently External Member of the Board, JFE Holdings, and advisor, Mitsui O.S.K. Lines Ltd., will resign from his post at JFE Holdings in late June. Yasushi Yamamura, currently Senior Vice President at both JFE Holdings and JFE Steel, will resign from this post at JFE Holdings effective March 31, 2015.

Mr. Kakigi Kakigi, currently Executive Vice President, JFE Steel will assume the post of Member of the Board, JFE Holdings in late June. Eiji Hayashida will become CEO of the company.