Tokyo based financial company, Monex Group, is all set to finalize changes in the management of the company, according to an official press release on 27th March.
The move aims at improving and strengthening the company and its relationship with its respective subsidiaries. The move isn’t a surprise as the company recently acquired the infamous crypto exchange platform, Coincheck Inc. The changes made would be in effect from next month, April 1st, 2019.
The most significant change is that now Oki Matsumoto, who is the Representative Executive Officer and President of the Monex Group, will also headline the same role, as the Representative Director and Chairman of Coincheck. He would also be appointed as Chairman of the Monex Group.
The second administrative change would be the resignation of Koichi Tateno from his former role as Senior Executive Officer and Chief Investment Officer. He would now be appointed as a Senior Advisor.
Monex group is also looking forward to a friendly merger with the recently acquired Coincheck group. The company plans on adding three Executive Directors from Coincheck into Monex. They would reprise the same role as they did in Coincheck.
The Goal of the Managerial Changes
Monex Group with the recently made changes plans on bringing and implementing a more friendly approach towards the workings of the company. The company plans on an elaborate symbiotic structure to enhance and promote business growth that would bring about the revitalization of the entire organization.
2019 looks to be a pretty promising year for the Tokyo based financial services company. In December 2018, the company announced its plans to initiate cryptocurrency trading and exchange in the United States of America. The cryptocurrencies in sight would be Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and even Ripple. The company is currently looking forward to getting the official trading license for all the states in the US.