JBIC and DBJ announce new presidents

Japan Bank for International Cooperation Vice President Tadashi Maeda has been promoted to the post of president. He will take charge of the lender after a general shareholders meeting in late June. Its current president, Akira Kondo, is to retire.

Development Bank of Japan (DBJ) Vice President Hajime Watanabe has also been promoted to president of the bank. He will succeed incumbent President Masanori Yanagi, who will retire.