Mizuho Financial Group, a major financial company, has announced the appointment of Managing Director Katsuhiko Kato as the president of Mizuho Bank, a subsidiary of Mizuho Bank.

Mizuho Financial Group has announced a new system for its affiliated banks and securities companies from April 1st.



As a result, Mizuho Bank will be appointed chairman of which Koji Fujiwara does not have the right of representation, and managing director Katsuhiko Kato will be promoted to his successor.



Mr. Kato, who will be the new president, is 55 years old.



After joining the company in 1988, after working as a branch manager in Hanoi and a branch office in Seoul, he was stationed in Nagoya from April, and helped raise funds for companies affected by the new coronavirus.



In addition, Mizuho Securities will retire from its current president, Koichi Iida, and will be promoted to managing director Yoshiro Hamamoto as its successor president.