ACOM CO. Ltd. appointed Naoki Hori as director, replacing Atsushi Murakami who will retire.

Hori is group head of the retail banking business group and in charge of the corporate banking business group at ACOM parent Mitsubishi UFJ Financial Group Inc., according to a May 18 release.

Further, the Japanese financial company named Masaru Kuroda executive managing officer. Kuroda is currently chief general manager of the overseas business department.

Executive Managing Officer Michio Atsuda will retire.

The changes will take effect June 22.