Japan’s first female finance chief is a veteran on banking policy
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Satsuki Katayama has become Japan's first female finance minister, bringing extensive experience from her career within the Finance Ministry since 1982. Unlike recent predecessors whose backgrounds were primarily in business, journalism, or politics, Katayama's prior role was as an official in the powerful bureaucracy. She reached a senior position in the Budget Bureau, surpassing previous women in the field. Her tenure includes working on rescue plans for banks during the late 1990s financial crisis. This experience is expected to be valuable as Japan confronts challenges such as restructuring its regional banking sector amid demographic shifts.
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