Japanese boardrooms head towards equality

JUNKO Nakagawa’s appointment to the highest level of Nomura’s board comes as a monumental first for the Japanese bank.

Historically, Tokyo’s boardrooms have been male-dominated institutions where women are rarely seen in senior posts. That is why Nakagawa’s appointment is such a significant step forward.

“It is rare for a Japanese financial institution to give this type of promotion to a woman,” said Azuma Ohno, a brokerage analyst at Credit Suisse Securities in Tokyo. “It’s an impressive move.”

Nakagawa previously held various senior positions at Nomura, most notably leading the bank’s New York listing.

She has many years of experience in investment banking as an adviser to many of Japan’s most reputed corporate clients.

Nakagawa first joined Nomura in 1988 and is a graduate of Kobe University.