Japan should look beyond borders for boardroom talent

Non-Japanese and Japanese living overseas can catalyze internationalization

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20241106 dentsu

The board members of Dentsu, one of the listed companies that have board directors who reside in the U.S. state of California. © Photo courtesy of Dentsu

Tracy Gopal is the CEO of Third Arrow Strategies and founder of the Japan Board Diversity Network.

With the introduction of the Corporate Governance Code in 2015 and continued investor pressure for increased boardroom independence, the number of external directors appointed to Japan's boards has dramatically increased over the past decade. The number of women serving on boards has also risen sharply in recent years. Yet there is still a tremendous opportunity to strengthen boards by overcoming geographic and language barriers and considering global talent, including non-Japanese and Japanese residing overseas.

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