Olympus has unveiled an overhaul of its board and management as the camera maker seeks to restore public trust following a damaging accounting scandal.
But it has appointed a chairman linked to its biggest creditor despite concerns by foreign shareholders over such a move.
Olympus is seeking to restore faith in its governance after it admitted last year that it had secretly moved more than Y100bn ($1.3bn) of securities-related investment losses off its books since the 1990s, then used acquisitions as cover to square the hidden accounts.
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