OKI's board of directors at its meeting held on May 22, 2018, approved the appointment of Tamotsu Saito and Izumi Kawashima as Directors, effective June 22, 2018, subject to approval at Ordinary General Meeting of Shareholders to be held on June 22, 2018. The company also announced the retirement of Toshinao Takeuchi, Director, and Takuma Ishiyama, Outside Director. Tamotsu Saito working experience includes: June 2017: Outside Director of JAPAN POST INSURANCE Co.,Ltd (current); April 2016: Chairman of the Board of IHI Corporation (current). Izumi Kawashima is professor of Gradate School of Social sciences, Waseda University.