CAC Europe appoints Honami Matsutani to lead business development and transformation consulting

London - 15 March 2010

CAC Europe, the UK subsidiary of CAC Corporation (TSE: CAC), a leading Japanese business technology company, today announced that, as of 1 April, it is appointing Honami Matsutani to spearhead the company’s business development and to establish a new consulting unit specialising in organisational transformation.

A veteran of the City technology market, Honami has over 20 years’ experience of developing financial software businesses and consulting practices, including Elmbridge Financial Systems in the 1990s before it was acquired by ADP/Wilco, the forebear of Broadbridge U.K. In recent years, he has been focusing more on the ‘human element of corporate systems’ by applying his skills and experience to developing management talents internationally, as well as ensuring the success of organisational change projects globally.

Shinri Yasunaga, Managing Director of CAC Europe said, “We are delighted to welcome Honami to the CAC team formally. We have been working together closely since last year to raise the CAC profile in the UK market and our formula has already begun to bear fruit. His extensive experience of working in the non-Japanese sector and his skills in understanding and communicating with the market enable us to place CAC in a uniquely advantageous position for a Japanese IT services company operating in Europe. We are excited to be able to provide all customers across cultures with our renowned service quality based on Japanese values.”

Commenting on his appointment Honami said, “I am absolutely thrilled to be driving CAC’s ambitious plans. As well as continuing to support the company’s Japanese clients in their globalisation initiatives, we are now set to raise the standard for system integration services in the non-Japanese sector, particularly in the banking and finance markets where our main expertise lies. In addition, we will actively be developing collaborative relationships with software product vendors in related fields and exploring investment opportunities across Europe to stay ahead of the competition.”

Honami holds a Bachelor’s degree in Mathematics and Economics and a MBA from Henley Business School.

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