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▼ Junichi Hanzawa Expected to Be Promoted to MUFG President, Group CEO Hironori Kamezawa to Become Group’s Chairperson
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Mitsubishi UFJ Financial Group (MUFG) has started final coordination to promote MUFG Bank President Junichi Hanzawa to group president and the bank’s Senior Managing Executive Officer Masakazu Osawa to bank president.
MUFG President and Group CEO Hironori Kamezawa is expected to become the group’s chairperson.
Hanzawa had worked in key posts, mainly in the planning division drawing up management strategies, before becoming the bank’s president in 2021.
With the arrival of a “an economy with positive interest rates” in Japan, deposits, which are used as the capital for loans, have become increasingly important for the banking industry.
Under such circumstances, Hanzawa promoted initiatives to broaden the bank’s client base by offering such things as a financial service for individual customers.
Osawa has extensive experience abroad and was also on loan to a securities firm. He has been involved in establishing a joint venture with U.S.
securities firm Morgan Stanley and acquiring Thailand’s Bank of Ayudhya.
Responsible for the bank’s digital division, he has also taken the initiative in investing in foreign firms and promoting mobile payment services.
MUFG President and Group CEO Hironori Kamezawa is expected to become the group’s chairperson.
Hanzawa had worked in key posts, mainly in the planning division drawing up management strategies, before becoming the bank’s president in 2021.
With the arrival of a “an economy with positive interest rates” in Japan, deposits, which are used as the capital for loans, have become increasingly important for the banking industry.
Under such circumstances, Hanzawa promoted initiatives to broaden the bank’s client base by offering such things as a financial service for individual customers.
Osawa has extensive experience abroad and was also on loan to a securities firm. He has been involved in establishing a joint venture with U.S.
securities firm Morgan Stanley and acquiring Thailand’s Bank of Ayudhya.
Responsible for the bank’s digital division, he has also taken the initiative in investing in foreign firms and promoting mobile payment services.
- 9/12 20:56
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