Japan’s finance minister Noda to become PM

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Tokyo: Japan’s Finance Minister Yoshihiko Noda is set to become prime minister after winning a party vote on Monday, taking on responsibility for rebuilding after the quake, tsunami and nuclear disasters.

Noda is expected to be confirmed in parliament on Tuesday as the nation’s sixth new premier in five years, replacing outgoing Naoto Kan who quit last Friday after his approval rating tumbled over his handling of the triple crisis. Known as a fiscal hawk and a safe pair of hands rather than a charismatic leader, 54-year-old Noda has pledged a “middle-of-the-road” politics. (AFP)

Noda emerged the winner of the five-way contest within the centre-left DPJ when he gained 215 votes in the second-round ballot, against 177 for the trade and industry minister, Banri Kaieda. Speaking immediately after being elected president of the ruling Democratic Party of Japan (DPJ), Noda bowed deeply several times then pledged: “Gritting our teeth, let’s create a stable, reliable and mature politics.”

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