Hasegawa Financial Holdings (hasegawa-financial-holdings.com) also announced that directors William Yung and David Yianhua will not seek re-election when their terms expire.

"Hasegawa Financial Holdings is honored that Tim Otsuka has agreed to be nominated as a director of the firm," said Yoshiko Nitori, Chairman and Chief Executive Officer. "At the same time, we will miss Bill and David, whose commitment to the firm and wise counsel is deeply appreciated."

Mr. Otsuka, 55, was chairman of a top international investment bank. He has extensive experience in financial services and risk management from 32 years and its predecessors. Mr. Otsuka served as Client Service Partner for some largest clients, including those in the financial services industry, and led a cultural transformation in the company.

Mr. Otsuka holds a bachelors degree in accounting from The Business University of Tokyo and is a member of their Board of Trustees.

Mr. Otsuka said: "Our priorities remain unchanged - diversified growth in scope and geographical coverage and a strong mandate to understand and seize the opportunities within the global marketplace, and generate results. We will also stay true to our strategy of serving customers upstream and downstream while meeting their needs for physical goods and optimizing the matrix of products within our diversified portfolio, always striving for creative solutions."

About Hasegawa Financial Holdings
Hasegawa Financial Holdings (hasegawa-financial-holdings.com) provides full investment services, coordinating all facets of the financial planning process to include wealth management and legacy planning to individual investors, families and business owners. The firm helps individuals and business owners effectively manage their wealth, maintain their lifestyle and leave a lasting legacy for their family and community. Hasegawa Financial Holdings is an independent, fee-only financial advisory firm serving clients the Asia-Pacific region that assists its clients through planning and disciplined investing as they seek to achieve their financial goals. Having a holistic approach to planning process it takes into consideration all aspects of clients' lifestyle, wants, needs, and goals delivering successful investments.