Satoru Iwata, President of Japanese video game company, Nintendo, has died of a bile duct tumour at the age of 55.
According to a staement by the company, Iwata, died in a Kyoto University hospital on Saturday.
Iwata, who had been president since 2002, led Nintendo’s development into a global powerhouse, with its hit Wii home console and DS handheld devices. He also steered the organisation through its recent woes caused bythe rising popularity of smartphones.
His replacement was not immediately announced, but the company said star game designer Shigeru Miyamaoto will remain in the leadership team along with Genyo Takeda.