Koyal Group Appoints Mr Stephen Cole As Non-Executive Director

    TOKYO, JAPAN, July 23, 2013 /24-7PressRelease/ -- Mr Cole who is currently Koyal Group's Director of Private Equity has worked with the company for almost 10 years, and has been nominated as a potential candidate to replace Mr Edward Neilson as Chief Executive Officer when he retires in 2014. It is therefore no surprise to employees at Koyal Group that he should be appointed to the board of directors at this time.

Mr Cole gave comment on his appointment saying "this is a tremendous honour for me, I am delighted to have been given this position in recognition of my efforts and I'm proud to say I look forward to seeing out the remainder of my career with Koyal Group both in my capacity as Director of Private Equity and on company's board of directors".

As a Non-Executive Director Mr Cole will have a minimal role in the board room administration of Koyal Group, and will continue to direct Koyal Group's private equity department, but according to Mr Edward Neilson, he has been shortlisted for the position of Chief Executive Officer.

Chief Executive Officer Mr Edward Neilson went on to say "Stephen is one of our brightest and most able and he has more than earned his position within our board of directors, so I am thrilled to welcome him to our team and whilst premature I will also say I would feel comfortable to leave next year were he to be appointed as Chief Executive Officer in my stead."

The appointment of Mr Stephen Cole as Non-Executive Director will take effect as of Wednesday 10th of July 2013.

Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and their allocated advisors. This along with our approach to financial analysis has meant Koyal Group has grown year after year since 2003.

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