The government plans to promote Hirofumi Gomi, director general of the Supervisory Bureau at the Financial Services Agency, to the post of FSA commissioner, government sources said Friday.
He will replace Shokichi Takagi, the sources said.
The appointment of Gomi, 55, will be made after the scheduled end of the current Diet session, on June 16.
Takagi, 55, will work full-time as deputy head of a preparatory office for privatizing Japan's postal services, a post he has held concurrently since the launch of the office late last month, they said.
Gomi, a former Finance Ministry bureaucrat, has served as head of the FSA's Supervisory Bureau since July 2002, after serving as secretary general of the Executive Bureau at the Securities and Exchange Surveillance Commission and as director general of the Inspection Bureau.