Prior to Promontory, Takuya was Chairman of Marsh & McLennan Companies Japan and Special Adviser to the Board of UFJ Holdings, a leading Japanese bank holding company that is now part of Mitsubishi UFJ Holdings. He was appointed in 1998 by the Prime Minister of Japan to be President and Chief Executive Officer of Nippon Credit Bank after the struggling bank was placed under government control due to a high volume of bad loans. Over the course of three years, he oversaw the nationalization of the company and its subsequent sale to a consortium of SoftBank Corp., Tokio Marine Holdings Inc., and Orix Corp. Takuya began his career with the Bank of Japan, holding progressively senior positions during more than 30 years there. At various times, he served as Chief Cashier, General Secretariat of the Policy Board, Chief Bank Supervisor, and Managing Director of the Monetary Policy Department.
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