Japan FSA to Promote Yutaka Ito to Commissioner

HEADLINES

Tokyo, June 24 (Jiji Press)–Japan’s Financial Services Agency will promote Yutaka Ito, director-general of the Supervision Bureau, to commissioner of the agency, effective on July 1, the government said Tuesday. Ito, 61, will face challenges including promoting the reorganization of regional banks and expanding the NISA tax-exempt program for small-lot investors. He will replace Hideki …

Tokyo, June 24 (Jiji Press)–Japan’s Financial Services Agency will promote Yutaka Ito, director-general of the Supervision Bureau, to commissioner of the agency, effective on July 1, the government said Tuesday. Ito, 61, will face challenges including promoting the reorganization of regional banks and expanding the NISA tax-exempt program for small-lot investors. He will replace Hideki …