After 28 years with the company, Akitoshi Kan, chairman of Aflac Japan and Aflac International, will retire June 30, Aflac Inc. announced today.
Charles D. Lake II, currently vice chairman of Aflac Japan, will succeed Kan as chairman of Aflac Japan.
"During Aki's time with Aflac Japan and Aflac U.S., he demonstrated unwavering dedication, and his contributions to our company have been many," Dan Amos, Aflac chairman and chief executive officer, said in a statement. "Under his direction we have enhanced the internal operations in both countries over the last several years. And most recently, I am grateful for his work in helping us strengthen our management team in Japan."
After four years at New York accounting firm Cook Levine & Co., Kan joined Aflac Japan's accounting department in 1980. He was promoted to executive vice president of internal operations for Aflac Japan 17 years later. In 1999, he became part of the Aflac U.S. management team and was later named executive vice president of Aflac U.S. internal operations. In 2004, he went back to Japan and was promoted to president and chief operating officer of Aflac Japan a year later. He was named chairman of Aflac Japan in 2007.
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Amos said he also looks forward to Lake's continued contributions.
"He has done an exceptional job focusing on regulatory issues, which helps ensure that we are well-positioned for dealing with structural changes in the marketplace," Amos said.
Lake started his career at Aflac Japan in 1999. In 2001, he was named deputy president and two years later, president of Aflac Japan. He was named vice chairman in 2005. He serves on the board of directors of the Tokyo Stock Exchange Group, Inc. and is chairman of the American Chamber of Commerce in Japan.
Aflac Japan's President and Chief Operating Officer Tohru Tonoike will still be in charge of Aflac Japan's daily operations.