Nintendo appoints Tatsumi Kimishima as its new President

Nintendo appoints Tatsumi Kimishima as its new President

In a statement released on Monday, September 14, bigwig Japanese videogame maker Nintendo named its new President ---- Tatsumi Kimishima.

Kimishima was voted in as the new Nintendo President by the company’s board of directors on Monday. The announcement of his appointment comes two months the death of Nintendo CEO Satoru Iwata in July.

According to Nintendo’s announcement, Kimishima will take office as the new Nintendo President with effect from Wednesday, September 16. Nintendo said that it has appointed Kimishima as the new President to 'reinforce and enhance its management' after Iwata’s death.

Kimishima is a long-time Nintendo financial executive, who is presently the company’s head of human resources. He joined Nintendo in 2000, when he was appointed as the chief financial officer of the Pokémon Company. During a large part of his 15-year stint at Nintendo, Kimishima has been stationed in the US.

With Nintendo having launched a push into the booming smartphone games market earlier this year, Mitsushige Akino - executive officer at Ichiyoshi Asset Management – said about Kimishima’s appointment as the new Nintendo President: “It's a very orthodox choice, which sends a message that the company is choosing to stay the course.”