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Nippon Paint hires ousted chief of Tokyo-backed fund JIC

Masaaki Tanaka tasked with turning around struggling coating supplier

Nippon Paint will count on the experience of Masaaki Tanaka, who resigned as president of Japan Investment Corp. in December 2018, to help bolster overseas operations. (Photo by Shihoko Nakaoka)

OSAKA -- Japan's Nippon Paint Holdings on Wednesday named Masaaki Tanaka, who briefly headed the country's biggest public-private fund last year, as its new executive chairman.

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