Monex, Inc., a wholly owned subsidiary of Japanese brokerage giant Monex Group, Inc. (TYO:8698), has just announced the following senior personnel change effective September 22, 2014.

Ayumi Sato, who until the personal change, served as the company’s Executive Director, is now reassigned as Executive Director, General Manager, Client Account Department.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

The personal news coincided with Monex’s announcements of an expected $14 million drop in income from the sale of its U.S. MT4 business and a divided decision for fiscal year ending March 2015.