Ex-BOJ Director Inaba to Become NHK President

Economy Society

Tokyo, Dec. 5 (Jiji Press)--Japanese public broadcaster NHK said Monday it will appoint former Bank of Japan Executive Director Nobuo Inaba as its new president to succeed Terunobu Maeda, effective on Jan 25.

The broadcaster, called Japan Broadcasting Corp. in English, picked its president from outside the organization for the sixth consecutive time. Maeda, 77, will leave after completing a three-year term.

Among the reasons for Inaba's appointment, Shunzo Morishita, chairman of NHK's Board of Governors, which is in charge of the appointment, cited the public nature of the central bank, which it has in common with NHK.

Given his experience of working in a private company, Inaba is capable of organizing people, improving organizational culture and further promoting NHK reform, Morishita told a press conference.

"I hope he will build an NHK that is trusted by the public" toward resolving mounting challenges, including the lowering of subscription fees, Morishita said.

[Copyright The Jiji Press, Ltd.]

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