Ana Names Chief, Restructures Board

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Meanwhile, five of the company's board members will leave the board. They include Tokuji Wakasa, honourary chairman; Takaya Sugiura, chairman; Seiji Fukatsu, president; and two executive vice-presidents.
The latest development at ANA, which has been criticised by the Japanese business community and government officials for the recent public display of power politics, represents a final victory for Fukatsu, the reformist outgoing president. He decided to resign after a clash with Wakasa over personal matters.
Fukatsu's resignation triggered an outburst of criticism against Wakasa and Sigiura, both of whom joined ANA from the ministry of transport. Wakasa's continuing authority at ANA
First Published: Jun 02 1997 | 12:00 AM IST