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T&D Financial Life names new president

T&D Financial Life Insurance Co., a core unit of T&D Holdings Inc., appointed Masafumi Itasaka as president and representative director, effective April 1.

Incumbent President Kazuyoshi Shimada will step down as president but will remain a board member to support the new president, a company spokeswoman said.

Most recently, Itasaka served as director and managing executive officer of the company.