Norwegian wealth fund to oppose all-male Japanese boards

Norwegian wealth fund to oppose all-male Japanese boards

FILE PHOTO: Women holding their mobile phones are silhouetted as they walk on an overpass at a business district in Tokyo, Japan, November 5, 2015. REUTERS/Yuya Shino

Norges Bank Investment Management, operator of the Norwegian government pension fund, will oppose the appointment of a board chair of Japanese companies that do not have female board members, the Nikkei business daily reported on Wednesday.