TOKYO -- Japan's leading public-private innovation fund is in final talks to hire former Mizuho Securities President Keisuke Yokoo as its new leader, hoping to reignite investments by filling the long-empty position.
The Japan Investment Corp. was founded in September 2018 to succeed the Innovation Network Corp. of Japan as a lender to riskier ventures. But trouble began when the government rescinded its compensation offer to JIC executives amid criticism over high pay.
