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Kohei Nakabo, departing president of Resolution and Collection Corp., vowed Thursday that the state-backed collection body will continue efforts to hold the banks that helped create the nation’s bad-loan mess liable.

Nakabo, a high-profile lawyer who has also served as chairman of the Japan Association of Bar Federations, will resign from the post Monday — his 70th birthday. He has appointed lawyer Akio Kioi as his successor.

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