HEADLINES: Inagaki steps down as WPP global board director

Asatsu-DK chairman and chief executive Masao Inagaki has retired as a member of the WPP board. He is replaced by Koichiro Naganuma, the Japanese agency's president and chief operating officer. Inagaki joined the board in 1998 when WPP took a 20 per cent stake in Asatsu-DK, the third-largest network in Japan.

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