Taiichi Hoshino has departed from his managing director position overseeing Japan Post Bank's investments to lead an investment strategy department at SoftBank.
Japan-based internet and telecommunications group SoftBank has hired Taiichi Hoshino to head up a newly formed investment planning department, Reuters reported yesterday.
Hoshino had previously been a managing director at Japan Post Bank, rising in mid-2018 to oversee a $1.9 trillion investment portfolio with senior managing director Kunio Tahara. The two jointly replaced Katsunori Sago, who SoftBank had hired as chief strategy officer.
Hoshino had previously co-founded Golvis Investment, the hedge fund where he also served as chief operating officer. He comes to SoftBank as it continues to seek capital for the successor to its $98.6bn Vision Fund.
