Mizuho Financial Group, Inc. (MHFG) hereby announces the following changes in MHFG's Representative Executive Officer, Directors and Executive Officers, as well as its subsidiaries' Representative Director, Directors and Executive Officers.
1. Changes in Representative Executive Officer
- (1) Reason for Changes
Changes in Representative Executive Officer due to changes in Director and Executive Officer.
- (2) Changes in Representative Executive Officer
| Name | New Position | Current Position |
| Yasuhiro Sato | Chairman, Executive Officer* | Member of the Board of Directors, President & Group CEO (Representative Executive Officer*) |
| Tatsufumi Sakai | President & Group CEO (Representative Executive Officer*) | – |
(Note) *: Executive Officers as Defined in the Companies Act
2. Changes in Directors and Executive Officers
| Name | New Position | Current Position |
| Koichi Iida | Retired | Member of the Board of Directors, Managing Executive Officer*, Head of Strategic Planning Group |
| Name | New Position | Current Position |
| Yasuhiro Sato | Chairman | (Mentioned above) |
| Tatsufumi Sakai | Member of the Board of Directors, President & Group CEO (Representative Executive Officer*) | (Mentioned above) |
The appointment of Mr. Yasuhiro Sato and Mr. Tatsufumi Sakai as Member of the Board of Directors is subject to approval at the ordinary General Meeting of Shareholders of MHFG in June 2018.
(Note) *: Executive Officers as Defined in the Companies Act
3. Brief Personal Record of New Representative Executive Officer
| Name | Tatsufumi Sakai | ||
| Date of Birth | August 27, 1959 | ||
| Education | Mar. 1984 | Graduated from Faculty of Law, the University of Tokyo | |
| Business Experience | Joined the group in Apr. 1984 | ||
| Apr. 2011 | Executive Officer, Senior Corporate Officer of Strategic Planning Group of the former Mizuho Corporate Bank, Ltd. | ||
| Apr. 2012 | Executive Officer, General Manager of Group Planning Division of Mizuho Financial Group, Inc. Executive Officer, General Manager of Group Planning Division of the former Mizuho Bank, Ltd. Executive Officer, General Manager of Group Planning Division of the former Mizuho Corporate Bank, Ltd. | ||
| Apr. 2013 | Managing Executive Officer, Head of Investment Banking Unit of Mizuho Financial Group, Inc. (until Apr. 2014) Managing Executive Officer, Head of Investment Banking Unit and in charge of Business Collaboration Division (Securities & Trust Services) of the former Mizuho Bank, Ltd. Managing Executive Officer, Head of Investment Banking Unit and in charge of Business Collaboration Division (Securities & Trust Services) of the former Mizuho Corporate Bank, Ltd. | ||
| Jul. 2013 | Managing Executive Officer, Head of Investment Banking Unit and in charge of Business Collaboration Division (Securities & Trust Services) of Mizuho Bank, Ltd. | ||
| Apr. 2014 | Managing Executive Officer, Head of International Banking Unit of Mizuho Financial Group, Inc. Managing Executive Officer, Head of International Banking Unit of Mizuho Bank, Ltd. | ||
| Apr. 2016 | President & CEO of Mizuho Securities Co., Ltd. (current) | ||
Number of shares of our common stock owned (as of September 30, 2017): 308,538
4. Changes in Directors and Executive Officers of Subsidiaries
[Mizuho Bank, Ltd. (MHBK)]
| Name | New Position | Current Position |
| Koichi Iida | Retired | Executive Managing Director, Managing Executive Officer, Head of Strategic Planning Group |
[Mizuho Securities Co., Ltd. (MHSC)]
| Name | New Position | Current Position |
| Koichi Iida | President & CEO | – |
| Tatsufumi Sakai | Retired | President & CEO (Representative Director) |
The appointment of Mr. Koichi Iida as Member of the Board of Directors is subject to approval at the General Meeting of Shareholders of MHSC to be held on April 1, 2018.
| Name | New Position | Current Position |
| Koichi Iida | President & CEO (Representative Director) | (Mentioned above) |
Management changes above are on the assumption that any permission required will be obtained from the relevant authorities.