Sekizaki leaves Fidelity for Deutsche

He will report to the groupÆs new regional head James Goulding, who is relocating to Hong Kong.

Tsukasa Sekizaki has left Fidelity Investments in Japan to assume the role of president of Deutsche Trust Bank, a member of Deutsche Asset Management Group. He starts January 8, replacing Kunihiko Nakao, who resigned. Nakao had been with the firm since 1991, joining during its incarnation as Japan Trust Bank.

Sekizaki had been director and head of Fidelity's financial and corporate sales department. A 15-year industry veteran, he had established Fidelity's defined contribution pensions business. He had reported to Bill Wilder, president of Fidelity Japan. A Fidelity spokesman says the firm has not yet decided whether to replace him or how to allocate his responsibilities.

Deutsche Trust Bank has Ñ4.3 trillion $36 billion of...

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