Tokyo : Japan’s biggest brokerage, Nomura Holdings, has chosen a woman to head its banking arm, in what is believed to be a first for the country’s male-dominated financial sector, reports AFP. Chie Shimpo, 48, will become president of Nomura Trust and Banking. None of the nation’s three biggest banks — Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial — have top female executives.
The central bank, Bank of Japan, has just one woman on its nine-member board. Japanese women are under-represented in business and politics compared to other developed nations.
But Japanese Prime Minister Shinzo Abe has pledged to shake up workplace demographics as part of his broader bid to revive the world’s third-largest economy.