Keidanren has announced that Mizuho Financial Group Chairman Yasuhiro Sato, who received a business improvement order from the Financial Services Agency due to a series of system failures, has offered to refrain from activities as Keidanren Vice Chairman for a month.

According to Keidanren's announcement, on the 29th, Mizuho Financial Group Chairman Sato offered to refrain from activities as Keidanren Vice Chairman for one month from December 1st, and he agreed.

Mizuho Financial Group received a business improvement order from the Financial Services Agency with Mizuho Bank under its umbrella on November 26 over a series of system failures, and Chairman Sato will retire as chairman in April next year and as a director in June. I am.



Mizuho Financial Group commented, "Because of the administrative sanction, we offered to refrain from doing so."



Chairman Sato is 69 years old.

He was appointed Vice Chairman of Keidanren in June last year, and is in charge of compiling proposals on agricultural policy and Japan-China relations.

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