Sumitomo Trust's Director Tsunekage to replace ailing president

TOKYO, Japan - Hitoshi Tsunekakage (R), managing executive officer of Sumitomo Trust & Banking Co., speaks at a news conference at the Bank of Japan's headquarters in Tokyo on Nov. 26 after being nominated as successor to President Yutaka Morita, who is stepping down for health reasons. Chairman Atsushi Takahashi (L) will stay on in his current post. (Kyodo)

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