The asset management arm of J.P. Morgan has appointed a successor to its longstanding CEO in Japan.

J.P. Morgan Asset Management (JPMAM) has appointed Kaguya Komatsu as CEO of JPMAM Japan, according to a statement, effective March 2025. In the role, she will be responsible for driving the strategic direction and accelerating the growth momentum of the Japan business, overseeing all aspects including institutional and funds sales, product development, client services and operations.

Komatsu joined the firm in 2011 and was most recently head of funds and institutional business for Japan.

New Chairman Role

Komatsu succeeds Shoichi Ohkoshi who will become chairman of JPMAM Japan. In the newly created role, he will focus on elevating the firm’s profile in the industry, driving major client pursuits and managing strategic relationships with regulators and stakeholders.

Ohkoshi joined J.P. Morgan in its corporate and investment banking arm in 1994 and has led JPMAM Japan since 2015.

Ohkoshi and Komatsu will report to Dan Watkins, Asia Pacific CEO of JPMAM.

Administrative Officer

In addition, Nora Choi-Lee will become chief administrative officer for JPMAM Japan, succeeding David Tse who will retire this summer. Choi-Lee currently serves as the Hong Kong-based APAC deputy chief administrative officer and will relocate to Tokyo for the new role.

«We see enormous potential in Japan’s asset management industry, bolstered by ongoing industry reforms, supportive government policies and dynamic economic opportunities,» commented Watkins. «The enhancement of our C-suite leadership team in Japan reflects our strengthened strategic focus on this important market.»