Former Vice Finance Minister Eijiro Katsu will be appointed president of major IT firm Internet Initiative Japan Inc., industry sources revealed Saturday.
After retiring from the Finance Ministry last August, the 62-year-old Katsu, best known for working with the previous Democratic Party of Japan-led government's push to hike the sales tax, was recruited to serve as a special adviser to Tokyo-based IIJ in November.
His appointment will be formalized at the company's general shareholders' meeting and a subsequent board meeting in June, while IIJ's current president, Koichi Suzuki, 66, will become chairman, the sources said.
Katsu joined the Finance Ministry in 1975 and became vice minister in 2010.
