The billionaire CEO of Uniqlo — and the richest person in Japan — says a woman would be the best person to take over his job Taylor Nicole Rogers 2019-09-05T13:34:00Z Ex-banker Kogiso specializes in environmental, social and governance investing and was responsible for the foundation's 2017 establishment of a roughly $100 million Asia Women Impact Fund. The person to hold that slot the longest? Clothing chain is known for its commitment to promoting women. Yanai fueled the speculation not long afterward, telling an interviewer that he thought a woman would be best to take over his position and acknowledging Akaida as a potential successor. Directing the office starting this month is Mari Kogiso, director of the Gender Investment and Innovation Department at the Sasakawa Peace Foundation. to learn how you can update your cookie settings. Uniqlo appoints First Female, Maki Akaida, as... Forbes: Women, Leadership, and Vision Advice from Kristen Pressner, SVP of HR at Roche Diagnostics, Air France becomes First Major Airline to be Led by Female CEO. As Yanai gets older, he’s been asked more frequently about succession at the company, which he built from his father’s tailor shop into a global brand. With a net worth of $24.8 billion, Yanai is the richest man in Japan. as well as other partner offers and accept our, "When we do performance reviews with folks, a lot of the review is just based on what they do over the period of the performance review, but do you have a good successor, are all your key positions filled, do all your key people have successors?" The Southeast Asian region will become an increasingly important part of Fast Retailing’s business, Yanai added. You may opt-out by. “We would hope that there would be enough people who are overseeing management who have some sort of experience with that demographic, who maybe are familiar with the needs, wants, desires of that customer,” Collins said. “They are persevering, detailed oriented and have an aesthetic sense.”. Having an eye on their succession plans is one strategy that has helped many successful founders and CEOs build strong foundations. After joining Uniqlo in 2001, Akaida worked at stores in areas ranging from Tokyo's posh Ginza district and Shanghai to Niigata Prefecture. Uniqlo's stores outside of Japan now comprise the majority of the chain's sales, according to its website. The company aims to raise that figure to 50% by supporting its female staffers’ career development with steps such as in-office day care and paid leave for elder care. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. How Different Is The Female Entrepreneur’s Brain? Opinions expressed by Forbes Contributors are their own. TOKYO — Casualwear retailer Uniqlo has promoted a former manager of a busy Tokyo store to take charge of operations in its home market of Japan, where population decline makes maintaining earnings a challenge. Hedge fund manager Ray Dalio allotted 10 years to find someone to succeed him as the co-chief investment officer of Bridgewater, he told Business Insider's Bradley Saacks and Richard Feloni in July.

With a host of names rumored to be in the running for the firm’s top job, any successor would be joining a retailing empire with operating profit last year of $2.3 billion. Most recently, I. I am currently a freelance journalist and television and radio commentator in Tokyo and have covered the Japanese economy and politics for two decades. The ILO will also conduct a study in other countries where Fast Retailing has contract factories to explore ways to improve social protections for workers in the future. Uniqlo appoints first female CEO for its Japan business, Managing Uniqlo's domestic operations as Japan's population shrinks is expected to be the top challenge for the new CEO. A roundup of uplifting stories about everyday heroes.

Tadashi Yanai, the billionaire founder of Japan’s Uniqlo retail empire, has said that he would prefer his successor to be female. Maki Akaida has stormed up the corporate ladder since 2001 when she joined Fast Retailing, operator of the global fast-fashion retailer Uniqlo. Please review our Love knows no Boundaries, the Story of Anja Ringgren Loven. The Japanese retailer is now aiming to put women in more than half of its senior positions. With a declining birthrate, the number of people will slump by almost a third by 2060, by which time about 40% will be 65 or over, according to the National Institute of Population and Social Security Research.

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