Management change at GPIF: the inside story
The world’s largest pension fund is locked in a debate with ministry officials about a radical change in governance structure after announcing the appointment of its first ever CIO.
Debate about unprecedented change in governance and management structure is taking place within Japan’s $1.3 trillion Government Pension Investment Fund after it announced the appointment of its first chief investment officer.
The institution, which manages the world’s largest retirement savings pool, revealed this week that Hiromichi Mizuno would resign as an investment committee member to become its first CIO from January 5. The move was broadcast internally yesterday.
Mizuno,…
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