Hiromichi Mizuno, the high-profile chief investment officer of Japan’s Government Pension Investment Fund, will continue to helm the ¥159.2 trillion ($1.47 trillion) pension giant’s investment team for at least another six months, according to an announcement Tuesday on the Tokyo-based fund’s website.
That relatively short-term extension for Mr. Mizuno, who officially took up the reins as GPIF’s CIO from January 2015, reflects the fact that appointments for GPIF executive directors can’t extend beyond that of fund President Norihiro Takahashi, according to a GPIF spokeswoman.
Mr. Takahashi’s current appointment leaves him at the head of the fund through at least March 31.