Staff writer
Akio Kioi, who took over as president of the Resolution and Collection Corp. earlier this month, said he agreed to take the helm of the state-backed debt collection body partly because he wanted to set an example for other lawyers that an "ordinary lawyer" like himself can be as good as his predecessor, Kohei Nakabo.
Nakabo, an outspoken, high-profile lawyer, compiled an impressive record. After the RCC was created through a merger of two debt collectors on April 1, it recovered 244.7 billion yen in just three months, putting it well on pace to hit its target of 710 billion yen for fiscal 1999.