Katayama Named Chair of World Bank IMF Committee

Japanese Finance Minister Satsuki Katayama has been named the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance minister to hold the position since 1974.

FILE PHOTO: Japan's Finance Minister Satsuki Katayama arrives at the prime minister's office, on the day of a cabinet reshuffle, in Tokyo, Japan, September 17, 2026. REUTERS/Kim Kyung-Hoon/File Photo

Japan Finance Minister Satsuki Katayama secured the role of chair for the World Bank-IMF joint development committee during Tuesday morning's briefing. Katayama becomes the first Japanese official to lead the joint committee since its 1974 establishment. The appointment positions the nation to direct multilateral development policy alongside global financial leaders.

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