Briton to head up Olympus

A British businessman will become head of Japanese camera-maker and technology group Olympus, the firm announced yesterday, as the firm tries to turn itself around following the downturn. Liverpool-born Michael Woodford, who has been with Olympus for three years, will take over as president when Tsuyoshi Kikukawa moves to become chairman on 1 April. Kikukawa said yesterday that Woodford’s promotion to the top job is part of an effort to reach more global markets.