In a bid to strengthen its reconstruction, Yasuda Trust & Banking Co. will accept Kazuhiko Kasai, vice president of Fuji Bank, as new chairman with authority to represent the company, the trust bank announced Wednesday.
Yasuda Trust informally appointed Kasai as an adviser the same day. He will become chairman upon approval at a Yasuda Trust stockholders’ meeting scheduled in June. Yasuda Trust and Fuji Bank are both in the Fuyo business group, which is determined to support the trust bank.
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