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Canon Europe appoints new President & CEO

LONDON, February 6th 2008 – Canon Europe, world-leader in imaging solutions, has appointed Ryoichi Bamba as its new President & CEO. He was appointed to the new role on 1st February, replacing Hajime Tsuruoka, who has held the position for seven years.

Ryoichi Bamba moves across from Canon USA, where he was Executive Vice President and General Manager of the Imaging Systems Group, overseeing marketing operations for Canon’s office equipment product line.  His new role will see him build upon his international experience to drive continued growth for Canon Europe across all business sectors and markets.  He takes over an organisation that has enjoyed record sales and profit for the region in 2007, as the biggest regional contributor to overall revenues for the Canon Inc. group of companies.

Ryoichi Bamba has enjoyed a successful career at Canon spanning 36 years, including working together with Hajime Tsuruoka in Tokyo and Europe over many years.  He  previously worked in Canon Europe in a product marketing role and in Canon Italy as Director and General Manager, responsible for the office equipment business.  More recently, he has been responsible for record photocopier sales in the US, instrumental in helping the region to achieve the highest market share of the global Canon group.

Ryoichi Bamba, the new President & CEO, Canon Europe said: “Canon Europe is a hugely successful pan-European organisation, as evidenced by record financial results for 2007. My role is to build on this success, which includes strengthening ties between Canon Europe, Canon Inc and the other global regions, as part of our company’s firm commitment to becoming a truly world class organisation. ”

Ryoichi Bamba will be replaced as US Vice President & General Manager of the Imaging Systems Group by Tamotsu Nakamura, currently President and CEO of Canon Canada.

Media enquiries, please contact:
Will Hart / Valerie Holloway
Nelson Bostock Communications (on behalf of Canon Europe)
t. +44 (0)20 7229 4400
e. william.hart@nelsonbostock.com / valerie.holloway@nelsonbostock.com

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