Prime Minister Junichiro Koizumi on Monday praised a planned move by Tokyo Stock Exchange Inc. to appoint people from the private sector -- and not former bureaucrats -- to top management, saying they are more likely to "energize" Japan's largest bourse.
The privately owned company, which runs the Tokyo Stock Exchange, is reportedly in its final stage of coordination to appoint former TSE Vice President Takuo Tsurushima, 66, as president.
TSE Inc. has also decided to create a position of chairperson and appoint Yoshihide Munekuni, chairman of Honda Motor Co., to the post, sources said.