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PROFILE

Izumi Kobayashi

President, Merrill Lynch Japan Securities Co., Ltd.

Ms. Kobayashi graduated from the Faculty of Humanities, Seikei University, before joining Merrill Lynch Futures Japan, a Japanese affiliate of Merrill Lynch, in 1985. She then worked as the Director of Operations of the Tokyo Headquarters of Merrill Lynch Securities and the Chief Administrative Officer of the Corporate Client Group for Merrill Lynch Japan Securities. Ms. Kobayashi was appointed president of the company in 2001. In 2005 Ms. Kobayashi was listed in The Wall Street Journal's "Top 50 Women to Watch in 2005" and also selected as Veuve Clicquot's "Businesswoman of The Year".