Bank of Japan to be restructured

The Bank of Japan faces major restructuring in July, the Yomiuri Shimbun reported Tuesday, with reforms to personnel policies and salaries intended to increase efficiency.

As the main feature of the reforms, the report said, 35 of the Tokyo office's 51 sections will be replaced with 98 offices, established according to function.

An annual salary system will be introduced in July 2005 for all 600 management-level employees in accordance with their performance, reported the Yomiuri Shimbun.


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 indvidual account here: