Female presidents have been placed at the helm of Japanese brokerage firms in a series of appointments, reflecting increased momentum for gender diversity in managerial ranks in the country.
Yuko Seimei, 45, was promoted to president of major online financial service provider Monex Group, headquartered in Tokyo, in June, after Tokai Tokyo Securities in April named Naoko Kitagawa, 55, as president of the securities firm based in Nagoya.
The appointments were in line with the government's target of women accounting for at least 30% of board members at companies listed on the Tokyo Stock Exchange's top-tier Prime section by 2030, which was included in a package of measures to promote gender equality that was adopted in June.