Masataka Miyazono becomes the new director of the pension fund management and investment incorporated administrative agency

Masataka Miyazono becomes new president of pension fund management and operation incorporated administrative agency March 24 10:47

The government will appoint Masataka Miyazono, President of the Corporate Pension Association, as the new president of the GPIF, which manages public pension reserves, I understand.

Regarding GPIF, which manages the public pension reserve fund, the government has been considering a replacement for the current state of President Takahashi Norihiro, who will end his term at the end of this month, over the GPIF .

As a result, the Cabinet agreed to appoint Masataka Miyazono, President of the Corporate Pension Association, as the new President.

The term of office is five years from next month.

Miyazono is 66 years old.

He has served as Deputy Chairman of the Norinchukin Bank and has served as President of the Corporate Pension Association since last April.

Minister of Health, Labor and Welfare Kato told reporters after the Cabinet meeting, "We have the power to govern the organization, and in this severe situation, we ask that Japan have strong leadership in managing the people's important assets. I hope. "