The company will consolidate its domestic operations and appoint a new leadership team effective Wednesday, 1 April 2026 to support growth in its insurance and global asset management businesses.
The firm's new CEO, Hiromitsu Tokumaru, said it would overhaul its life planner model and pay structure to curb aggressive sales pressures following the fraud scandal.
Lee is executive vice president and general counsel, global life and general insurance, while Mark Eggleton is senior VP and general counsel, legal strategy and government affairs.
The company's minimum 90 day voluntary suspension of new sales begins on 9 February, as the insurer moves to implement governance and sales-practice reforms.
