London, 4 April 2023: Mizuho International plc (Mizuho International), the London based securities and investment banking arm of Mizuho Financial Group, Inc. today announced the appointment of Maureen Erasmus as Chair of the Board of Directors, subject to regulatory approval. Maureen will be replacing David Weymouth who will step down after seven years tenure as Chair of Mizuho International’s Board of Directors.
Erasmus will succeed Weymouth as the Chair of MHI’s Board of Directors - becoming the first female to take on the role as Chair of the Board of a Mizuho subsidiary. She was appointed to our Board of Directors in May 2017 and is currently a Senior Independent Non-Executive Director.
Erasmus has over 30 years of international experience in financial services, working across Europe, Asia, Australia, North and South America and South Africa. During this time, she has focused on investment banking, wealth management, private equity and strategy consulting. Outside of Mizuho, Maureen is a Non-Executive on three corporate boards, and two not-for-profit entity boards.
Erasmus commented: “I would like to thank David Weymouth, who has strengthened the Mizuho International plc Board during his tenure as Chair. I am honoured to be asked to Chair the Mizuho International plc board and I appreciate the confidence senior Mizuho Securities executives have placed in me. I look forward to working closely with Suneel and his executive team as the European business evolves to a broader CIB franchise.”
Weymouth was appointed to the Board of Directors as an Independent Non-Executive Director in July 2015, and was appointed Chair in June 2016.
About Mizuho International plc:
Mizuho International plc (Mizuho International) is the London based securities and investment banking arm of the Mizuho Financial Group, Inc., and is a wholly owned subsidiary of Mizuho Securities Co., Ltd. With a primary focus on client based activities, its wide range of services includes sales and trading in both debt and equity securities, the underwriting of new issues and M&A advisory services. Mizuho International is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and is a member of the London Stock Exchange and LCH.Clearnet Limited.
Mizuho International has a Branch in Dubai, United Arab Emirates (for which the operating name is Mizuho International plc (DIFC Branch)). Mizuho International has a subsidiary, Mizuho Securities Europe GmbH, in Frankfurt, Germany. Mizuho Securities Europe GmbH has a Branch in Madrid, Spain.