• Kyodo News


Rintaro Tamaki, head of the Finance Ministry’s International Bureau, will become Japan’s next top financial diplomat in charge of international affairs and currency issues, the ministry said Friday.

Tamaki, 55, will take up the post of vice minister for international affairs on July 14, succeeding Naoyuki Shinohara, the ministry said.

Tamaki’s stance on currency policy is not expected to differ greatly from his recent predecessors. The Finance Ministry has not ventured into the foreign-exchange market since March 2004.

Tamaki, a graduate of the University of Tokyo, entered the ministry in 1976 and has since served in many key posts related to international affairs.

Finance Minister Kaoru Yosano also decided to promote Yasutake Tango, head of the ministry’s Budget Bureau, to the post of administrative vice minister to replace Kazuyuki Sugimoto, the ministry said.

Tango, 58, will assume the ministry’s top bureaucratic post, also effective July 14. He served as a secretary of former Prime Minister Junichiro Koizumi from April 2001 until he became director general of the ministry’s Financial Bureau in October 2006.

The new director general of the ministry’s International Bureau will be Takehiko Nakao, 53, who is now the bureau’s senior deputy director general, while Eijiro Katsu, 59, deputy vice minister of the ministry’s secretariat, will head the Budget Bureau, according to the ministry.

Meanwhile, the Financial Services Agency said Friday that Katsunori Mikuniya, head of its supervisory bureau, will succeed FSA Commissioner Takafumi Sato on July 14.

Mikuniya, 58, is currently in charge of the bureau supervising private-sector financial institutions.

Graduating from the University of Tokyo, he joined the Finance Ministry in 1974, and later moved to Japan’s financial watchdog.

Before taking his current post last July, he was the head of the planning and coordination bureau in charge of policymaking concerning the financial system.

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