• Kyodo

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The government is making final arrangements to appoint Fumio Sudo, an ex-president of steel-maker JFE Holdings Inc., as the next chairman of Tokyo Electric Power Co., which is trying to restructure as it struggles with the Fukushima nuclear crisis, sources said Friday.

Sudo, 72, currently an outside director of Tepco, will have the task of helping the utility continue the cleanup effort at Fukushima No. 1 while reviving its battered business.

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