TOKYO, Dec 16 : Mitsubishi UFJ Financial Group, Japan’s largest financial institution, has appointed Junichi Hanzawa as its new president, succeeding Hironori Kamezawa, who will turn into chairman, the corporate mentioned in a press release on Tuesday.
Hanzawa is presently president of the group’s business banking arm, MUFG Bank, and has spent a lot of his profession in its company planning division. He shall be succeeded by Masakazu Osawa, the chief govt of Japanese company and funding banking.
Hiroyuki Seki will turn into the brand new president of Mitsubishi UFJ Securities Holdings.
The adjustments will take impact on April 1, 2026, in accordance with the assertion.
Seki is MUFG’s markets chief, answerable for its bond holdings technique, and is influential in Japanese bond markets because the group holds the most important Japanese authorities bond portfolio amongst main banks.