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January 15, 2018

  • Company Name: Mizuho Financial Group, Inc.
    Representative: Yasuhiro Sato, President & Group CEO
    Address: 1–5–5 Otemachi, Chiyoda–ku, Tokyo
    Security Code: 8411 (Tokyo Stock Exchange 1st Section)

Announcement of Changes in Representative Executive Officer, Directors and Executive Officers

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
(Effective as of April 1, 2018)
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

(Effective as of April 1, 2018)
Name New Position Current Position
Koichi Iida Retired Member of the Board of Directors,
Managing Executive Officer*,
Head of Strategic Planning Group
(Effective in late June 2018)
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)】

(Effective as of April 1, 2018)
Name New Position Current Position
Koichi Iida Retired Executive Managing Director, Managing Executive Officer,
Head of Strategic Planning Group

【Mizuho Securities Co., Ltd. (MHSC)】

(Effective as of April 1, 2018)
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.

(Effective as of April 2, 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.