Mizuho Financial Group Inc. said on Jan. 17 it has appointed senior executive officer Masahiro Kihara as president, with the beleaguered financial institution looking to restore public trust under new leadership after repeated systems failures severely impacted operations at its key banking unit.
The move is seen as part of the banking group's efforts to transform its corporate culture and restore public confidence by elevating younger executives.
Mizuho Bank apologizes after its business customers experience trouble using its online banking services, in yet another system failure to hit the major Japanese bank.
Mizuho Bank apologized Tuesday after its business customers experienced trouble using its online banking services in the morning, in yet another system failure to hit the major Japanese bank. Clients had problems when attempting to log in to their online accounts for more than three hours through around 11:30 a.m.…