19 April 2012 Last updated at 07:34 ET

Tepco's new chairman named as Kazuhiko Shimokobe

Stricken Tokyo Electric Power Co Fukushima Dai-ichi nuclear power plant The new chairman faces a huge task of restoring the firm's profitability

Japan has named a new chairman for the power firm behind last year's Fukushima nuclear plant disaster.

Bailout fund official Kazuhiko Shimokobe will take over at the troubled Tokyo Electric Power Company (Tepco) from the current chairman, Tsunehisa Katsumata.

The government had been seeking a new boss for Tepco for months.

Radiation leaked at Fukushima after it was damaged by last year's earthquake and tsunami in Japan.

Some 80,000 people had to be evacuated from the surrounding areas.

Tepco said on its Japanese website that it would consult the new chairman on its management setup.

"Mr Shimokobe understands the firm's financial condition and he will be able to work towards its recovery," it added.

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