Fuji Xerox adds corporate governance role

Fuji Xerox Australia has created a new corporate role, chairman of the board, and hired 40 year company veteran Hirokazu Komaki to fill the position.

Fuji Xerox Australia says the new role is a part of continuing support provided by the Fuji Xerox headquarters in Japan to the local business.

The role has been created in the wake of the accounting scandal that took place during the year Neil Whittaker was CEO of the company here, and prior to that for 15 years in New Zealand, and which has seen an independent investigative report by parent company Fujifilm lay bare the way governance was manipulated during that time.

“Komaki will strengthen governance to solidify the Fuji Xerox Australia operations as well as to galvanise the company’s board meetings, in addition to serving as a close bridge between Fuji Xerox Australia and its parent companies” says the company.

Australian Printer spoke to the Fuji Xerox top brass in August, when they foreshadowed the position. Hiroshi Kurihara, president, Fuji Xerox told AP at the time, “Fuji Xerox has now put systems in place to make sure that our integrity and reputation will be restored. We have also acted on all the suggestions made in the initial independent report. We will never again have a situation where sales incentives are allowed to cloud judgement.”

Together with Sunil Gupta, managing director of Fuji Xerox Australia, the company says Komaki will strengthen Fuji Xerox Australia’s focus on the Australian market, customers, and partners.

Isamu Sekine, president, CEO, Fuji Xerox Asia Pacific, says, “Hirokazu Komaki is an outstanding leader, with a wealth of experience in finance and company wide process innovation.

“His leadership is essential to drive the company forward under the highest standards of corporate governance.”

The establishment of this new position is a part of Fuji Xerox’s countermeasures reflecting the need to strengthen governance as highlighted by the Independent Investigation Committee established by Fujifilm Holdings Corporation, after inappropriate accounting practices were identified at Fuji Xerox Australia and Fuji Xerox New Zealand.

Komaki began his career with Fuji Xerox in 1978, and served as chief financial officer of Fuji Xerox Asia Pacific in 1999, general manager Corporate Finance in 2000, and appointed in 2007 as corporate vice president of Fuji Xerox headquarters in Japan, responsible for companywide process innovation.

He makes the move to Australia from president of Fuji Xerox Service Creative, a subsidiary of Fuji Xerox located in Japan.

Komaki will be relocating to Australia upon his visa approval.

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