Ex-central bank official to lead Ito-Yokado bank

JAPAN - Ito-Yokado Co Ltd, Japan's biggest retail group, said on Apr 10 it would appoint central bank veteran Takashi Anzai, 59, as president of its new IY Bank.

IY Bank, officially formed on Apr 10, is scheduled to start operations in May 2001, hiring 130 people initially as it tries to pry open the cosy banking sector by luring individuals through its low-cost nationwide services.

Anzai, currently an Ito-Yokado adviser, was a director of the Bank of Japan for four years to November 1998

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: