NipponKoa shareholders vote to re-elect president

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TOKYO, June 25 | Wed Jun 24, 2009 10:51pm EDT

TOKYO, June 25 (Reuters) - NipponKoa Insurance 8754.T shareholders voted to re-elect company president Makoto Hyodo, although shareholder U.S. fund Southeastern Asset Management said it would oppose his re-election.

It is the second year in a row that Southeastern Asset Management, which owns 17 percent in the Japanese insurance firm, has opposed his re-election. (Reporting by Junko Fujita)

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