J.P. Morgan Asset Management ( JPMAM ) has appointed Kaguya Komatsu as chief executive officer of JPMAM Japan, effective March 2025. Komatsu succeeds Shoichi Ohkoshi, who will become chairman of JPMAM Japan. Both will report to Dan Watkins, Asia-Pacific CEO of JPMAM.
JPMAM says the appointments underscore its commitment to strengthening its presence and enhancing its offerings in Japan. Since its establishment in 1985, the firm says, JPMAM Japan has grown into one of the leading global asset managers in the country, supported by a robust team with comprehensive capabilities and deep local expertise.
In her new role, Komatsu will be responsible for driving the strategic direction and accelerating the growth momentum of the Japan business. She will oversee all aspects of the business, including institutional and funds sales, product development, client services and operations.
Having joined the firm in 2011 and most recently serving as head of funds and institutional business for Japan, Komatsu has been pivotal in transforming and accelerating the firm’s institutional business, achieving remarkable success and positioning JPMAM as a leading manager in the institutional space.
Transitioning into the newly created role of chairman, Ohkoshi will focus on elevating the firm’s profile in the industry, driving major client pursuits and managing strategic relationships with regulators and stakeholders.
Since joining the firm in 1994 in the corporate and investment bank and leading the firm’s asset management business in Japan since 2015, Ohkoshi has been instrumental in JPMAM Japan’s success and development, doubling its assets under management in the last decade.
Meanwhile, Nora Choi-Lee will become the chief administrative officer for JPMAM Japan, succeeding David Tse who will retire this summer. Choi-Lee currently serves as APAC deputy chief administrative officer, based in Hong Kong. In her new role, she will relocate to Tokyo, where she will leverage her extensive regional knowledge to oversee the local operations.