Daiwa SB Investments UK has appointed Eiji Fukumuro as its new managing director.

Fukumuro will be replacing Sunao Otsuka, who has returned to DSBI Tokyo headquarters to assume a new role as the head of international business department.

“Daiwa SB Investments has a significant role to play in constantly evolving global investment management industry. I believe innovation is the key to success," said Fukumuro. 

"DSBI needs to be innovative and build on our industry leading expertise in Japanese equity and fixed income to provide a wider product range to meet diversifying needs of clients.”

Fukumuro has been with the company since 1996 when he joined the UK office of Daiwa International Capital Management (DICAM, former entity of Daiwa SB Investments) where he spent ten years as company secretary and compliance officer. 

He transferred to the Tokyo office in October 2006 where he rose to senior product manager. 

" international background and extensive knowledge of European investors will help DSBI UK enhance our reputation as a specialist manager in the European market," said Yuhki King, head of business development and client relations at DSBI UK.