TEANECK, N.J. & AUSTIN, Texas & TOKYO--(BUSINESS WIRE)--Agam Capital, a global leader in technology-enabled insurance-asset and liability management, today announced the appointment of Kunihiko Iinuma as Managing Director and CEO of Agam Capital Japan. Mr. Iinuma will lead Agam’s continued expansion in the Japanese life and retirement markets as the firm expands its long-term strategic capabilities and integrated solutions for Japanese insurance companies and financial institutions. He is widely recognized for his expertise in asset-liability management, capital optimization, derivatives, insurance-linked securities, and reinsurance structuring, and has advised major Japanese life insurers and financial institutions on balance sheet and risk management strategies.


Mr. Iinuma brings more than 30 years of experience across Japan’s life insurance, investment banking, and reinsurance sectors. He has held senior leadership roles including President and Representative Director of SBI Life Insurance, Vice Chairman and Chief Strategy Officer of RGA Reinsurance Company’s Japan branch, and, most recently, President and Representative Director of Howden Re Japan Co., Ltd. Mr. Iinuma is a fellow member of the Institute of Actuaries of Japan and a member of the CERA examination committee and holds a Master’s degree in Financial Engineering from Hitotsubashi University and ABD in statistical mathematics at Graduate University for Advanced Studies.
Mr. Iinuma said, “Japan’s insurance market is entering a new phase as higher interest rates, evolving capital requirements, and greater ALM complexity increase demand for more integrated solutions. Agam Capital’s combination of advanced ALM capabilities and AI-driven analytics provides a differentiated framework for insurers and financial institutions in Japan, and I look forward to helping clients strengthen capital efficiency, risk management, and long-term growth.”
“We are pleased to welcome Mr. Iinuma as CEO of Agam Capital Japan. His deep experience across life insurance, reinsurance, and capital markets makes him exceptionally well positioned to lead our growth in Japan,” stated Agam Co-Founders Chak Raghunathan and Avi Katz. “As we combine his market expertise with Agam’s pALM platform and the LeadAii multi-agent AI ecosystem, we believe we can deliver highly differentiated integrated balance sheet, capital, risk, and ALM solutions to Japanese insurance companies.”
Kazuhiro Nakatsuka, recently announced by Agam as its strategic advisory board member, said, “Mr. Iinuma’s appointment reflects Agam’s serious long-term commitment to the Japanese market at a time of significant transition within Japan’s insurance and financial sectors. As Japan enters a new environment shaped by demographic change, higher interest rates, evolving regulatory frameworks, and increasingly sophisticated ALM requirements, I believe demand for advanced analytical capabilities and integrated risk management solutions will continue to grow. Agam’s combination of global expertise, technology-driven analytics, and long-term strategic perspective has the potential to become highly relevant for Japanese insurers and financial institutions navigating this changing environment.”
Mr. Iinuma’s appointment marks an important milestone in Agam’s Japan strategy. The firm will continue expanding its support for Japanese insurers and other financial institutions through solutions focused on capital efficiency, ALM, risk transfer, insurance-linked securities, and AI-enabled analytical capabilities, helping clients address increasingly complex long-term balance sheet and retirement-related challenges.
About LeadAii
LeadAii is a proprietary multi-agent AI ecosystem powered by customized large language models designed for financial institutions, particularly in the life and retirement sectors. It supports real-time decision-making, enhanced risk assessment, and the automation of complex analytical workflows across the insurance value chain.
About Agam Capital
Agam Capital is a global leader in insurance-related asset and liability analytics. Founded in 2016, the firm operates the pALM ecosystem, a differentiated platform for balance sheet optimization across the insurance industry, supporting clients with capital, risk, and growth objectives across multiple regulatory jurisdictions.
Contacts
Media Contact
Chak Raghunathan
craghunathan@agamcapital.com





