Former PFA exec lands at BGI

Yasuchika Asaoka joins BGI in Tokyo as new president.

Yasuchika Asaoka, former executive director for investment management at Japan's Y7.8 trillion $72 billion Pension Fund Association, has joined Barclays Global Investors Japan as president. Asaoka had resigned from the PFA in November.

The PFA is among the most influential government pension funds in Japan, seen as a benchmark by the corporate pensions market, with a mandate to oversee corporate employer benefit funds for short-term employees and terminated plans. Tomomi Yano remains the PFA's executive director.

The resignation of Asaoka prompted BGI to contact him, says Kazuhisa Okamoto, the former president whom Asaoka has replaced. Okamoto had been president and CEO of the company for 13...

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