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Mizuho CEO to step down to take responsibility for system failures – Nikkei

Published by maria gbaf

Posted on November 19, 2021

1 min read

· Last updated: January 28, 2026

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Mizuho CEO to Resign Over System Failures, Reports Nikkei

TOKYO (Reuters) – Mizuho Financial Group Chief Executive Officer Tatsufumi Sakai intends to step down to take responsibility for a series of system failures this year, the Nikkei business daily reported on Thursday.

The banking group’s nomination committee will start discussions to select a new management team, the Nikkei said.

When asked for comment, a Mizuho spokesperson said nothing has been decided.

(Reporting by Makiko Yamazaki; Editing by Kirsten Donovan)

Key Takeaways

  • Mizuho CEO Tatsufumi Sakai plans to resign.
  • The resignation is due to system failures.
  • Nikkei reported the news on Thursday.
  • Mizuho's nomination committee to discuss new management.
  • A spokesperson stated no decision has been made yet.

Frequently Asked Questions

What is the main topic?
The main topic is the resignation of Mizuho CEO Tatsufumi Sakai due to system failures.
Who reported the CEO's resignation?
The resignation was reported by the Nikkei business daily.
What will happen after the CEO's resignation?
Mizuho's nomination committee will start discussions to select a new management team.

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