revamped-dbj-will-take-more-risk

Revamped DBJ will take more risk

Yo Takeuchi, CFO of the Development Bank of Japan, discusses privatisation, shareholder culture and taking advantage of the turmoil in the global financial markets.

Can you give a snapshot of the bank
We were founded to re-develop the Japanese economy, and we helped make it the second largest in the world. But the deregulation promised by former Prime Minister Koizumi means we have to change. I am a public finance expert and was engaged in the privatisation of Japan Post Bank. My last project is to privatise DBJ. We plan to become a unique type of investment bank in Japan.

What do you mean
There is a separation between securities and banking activities in Japan. However, we will be the pioneer in combining both activities, at least until...

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