Following the FSA's business improvement order issued to Mizuho Financial Group over a series of system failures, the Japanese Bankers Association has begun coordinating with the appointment of Mitsubishi UFJ Bank's President Junichi Hanzawa as chairman next year. rice field.

The Japanese Bankers Association was initially coordinating the appointment of Mizuho Financial Group President Tatsufumi Sakai as the chairman of the next fiscal year, who will succeed Sumitomo Mitsui Banking Corporation's current chairman, Makoto Takashima.

However, in response to a series of system failures last month issued by the Financial Services Agency to improve operations, President Sakai will take responsibility and resign in April next year.

In response to this, the Japanese Bankers Association is expected to make adjustments in the direction that Mitsubishi UFJ Bank's president Junichi Hanzawa will be appointed as chairman next year, and will formally decide at the board meeting that will be held within the month.

It is customary for the chairman of the Japanese Bankers Association to be appointed as the head of Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho's three major financial groups in order. In addition to declining to concentrate on, he declined to assume the post of chairman 10 years ago due to a system failure.