Tsutsui Appointed as Chairman of the Japan Business Federation; First Director From the Financial Industry to Serve as Director of Nippon Life Insurance (Kyodo News)

At its annual general meeting on the 29th, the Japan Business Federation appointed Yoshinobu Tsutsui (71), a director at Nippon Life Insurance Company, as chairman. Tsutsui is the first person from a financial institution to assume the top position. His term of office is two years from the same day, and he is expected to serve two terms of four years as per customary practice.