OSAKA -- The Osaka Securities Exchange, which is to become a publicly traded company April 1, will appoint Hirotaro Higuchi, honorary chairman of Asahi Breweries Ltd., as chairman of the new entity, OSE officials said Friday.
The Osaka bourse, at present a membership club, also plans to appoint Taichi Sakaiya, former head of the Economic Planning Agency, and John Hilley, chairman of Nasdaq International Ltd., as board members, they said.
The appointments are expected to be approved at a board meeting Feb. 20 and at an extraordinary meeting of OSE member brokerages Feb. 27.
The new company will have a board of 18 directors. OSE President Goro Tatsumi will become the first president of the new firm.