Tokyo, Japan, June 27, 2007 - (www.AllPayNews.com) - JCB Co., Ltd. (JCB) announced the appointment of Tamio Takakura as President and Chief Executive Officer (CEO) at its annual shareholders' meeting in Tokyo held on June 26, effective immediately. Mr. Takakura succeeds Hiroya Nobuhara who had served as JCB's President and CEO for the past 4 years. Prior to this appointment, Mr. Takakura had been JCB's Deputy President since 2002. Before joining JCB, his career included close to 10 years of international banking management positions at the former Sanwa Bank. Mr. Nobuhara is retiring after 4 years of leadership at JCB as President and CEO having made substantial contributions to expand its wide-ranging business as a payment solution provider.