Prince to take helm at Aozora Bank

Prince to take helm at Aozora Bank

TOKYO, Japan - Aozora Bank Deputy President Brian Prince (2nd from L), who has become acting president of the bank, speaks during a news conference in Tokyo on Feb. 10. Prince will assume the bank's top post after his appointment is approved at a general shareholders meeting in June, succeeding Federico Sacasa. Sacasa stepped down to take responsibility after the bank said it expects its group net loss for the year through March to expand to 196 billion yen due to its exposure to the global financial turmoil. (Kyodo)

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