Leopalace21 Corporation announced the appointment of Seishi Okamoto as Managing Executive Officer, effective on June 01, 2019. Mr. Seishi Okamoto is scheduled to retire from Director of SMBC Servicer Co. Ltd. on May 31, 2019. Shigeru Ashida, Shigeru Ashida, Tatsuya Sasaki and Katsuhiko Nanameki, Managing Executive Officers promoted to Chief of Emergency HQ for Construction Defects, GM of Construction Subcontracting Business Division, GM of Leasing Business Division and GM of Management HQ respectively. Hiroshi Takeda Demotion to Executive Officer. Kazunori Tanimoto and Minoru Wada dismissed from Executive Officers. Bunya Miyao appointed as President and CEO GM of Business Operation HQ from the former title of President and CEO. Naomichi Mochida appointed as GM of Product Technology Division (incumbent); Shigeru Ashida appointed as Chief of Emergency HQ for Construction Defects; Yasushi Mizuno appointed as GM of Construction Subcontracting Business Division; Tatsuya Sasaki appointed as GM of Leasing Business Division; Katsuhiko Nanameki appointed as GM of Management HQ; Kiyoshi Arai appointed as Deputy GM of Management Planning HQ; Mayumi Hayashima appointed as GM of Compliance Management HQ (CLO: Chief Legal Officer); and Tatsushi Ishikura appointed as Representative in charge of Human Resources and General Affairs. These appointments are effective from June 1, 2019.