Trouble-hit Mizuho Financial names senior exec Kihara as new president

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Trouble-hit Mizuho Financial names senior exec Kihara as new president

Mizuho Financial Group Inc. said Monday it has appointed Senior Executive Officer Masahiro Kihara as president, with the beleaguered financial institution looking to restore public trust under new leadership after repeated system failures severely impacted operations at its key banking unit. The 56-year-old will replace Tatsufumi Sakai, 62, effective on Feb. 1. Kihara is the older brother of Deputy Chief Cabinet Secretary Seiji Kihara.

  • Product Code
  • ILEA000858878
  • Registered date
  • 2022/1/17 00:00:00
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  • Kyodo / Kyodo News Images
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  • Kyodo News
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Similar Images & Videos
    Troubled Mizuho Financial names Kihara as president

    Troubled Mizuho Financial names Kihara as president

    Masahiro Kihara speaks at a press conference in Tokyo after being appointed as president of Mizuho Financial Group Inc. on Jan. 17, 2022. The financial institution looks to restore public trust after repeated system failures severely impacted operations at its key banking unit.
      Panel concludes Mizuho's poor system operation caused ATM failures

      Panel concludes Mizuho's poor system operation caused ATM failures

      Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara attend a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.
        Panel concludes Mizuho's poor system operation caused ATM failures

        Panel concludes Mizuho's poor system operation caused ATM failures

        Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara attend a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.
          Panel concludes Mizuho's poor system operation caused ATM failures

          Panel concludes Mizuho's poor system operation caused ATM failures

          Mizuho Financial Group Inc. CEO Tatsufumi Sakai (L) and Mizuho Bank President Koji Fujiwara bow in apology at a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.
            Panel concludes Mizuho's poor system operation caused ATM failures

            Panel concludes Mizuho's poor system operation caused ATM failures

            Mizuho Financial Group Inc. CEO Tatsufumi Sakai (2nd from L) and Mizuho Bank President Koji Fujiwara (3rd from L) bow in apology at a press conference in Tokyo on June 15, 2021. A third-party panel concluded the same day that a series of system failures that hit the Japanese megabank earlier this year, including many of its automated teller machines, were due to poor operation and management rather than system defects.