Mitsubishi UFJ Financial Group has officially announced the appointment of managing director Junichi Hanzawa to become the new president of Bank of Tokyo-Mitsubishi UFJ.
With the unusual personnel affairs of 13 deputy presidents and managing directors, the aim is to promote generational changes and rejuvenate the management system.
At the board of directors meeting held on the 24th, financial giant Mitsubishi UFJ Financial Group will have Kanetsugu Mike, the president of Mitsubishi UFJ Bank, which is under its umbrella, as the chairman of the group, and Junichi Hanzawa, managing director, as the successor. We have decided on the personnel to be promoted.
Mr. Hanzawa, who will be the new president, is 55 years old from Saitama prefecture.
After joining Mitsubishi Bank at that time in 1988, he mainly worked in the planning field for planning management strategies, and has been a managing director since June last year.
Mitsubishi UFJ Bank will be promoted from managing director to president for the first time due to the unusual personnel affairs of 13 deputy presidents and managing directors.
The aim is to promote generational changes and rejuvenate the management system.
At a press conference, Mr. Hanzawa said, "In the era of ultra-low interest rates, the earnings environment is deteriorating, and if you don't stop and keep running, you can't adapt to the times of change. That's why young people like me were selected. Management by digitization I would like to promote the efficiency of the business, expand the points of contact with customers, and revitalize transactions. "