Mizuho Holdings Inc., the holding company for the world's largest banking group, the Mizuho Financial Group, is planning to reshuffle its top management next April and will name Terunobu Maeda as its new president, banking industry sources said Saturday.
Maeda currently serves as vice president of Fuji Bank, one of the three banks belonging to the group.
The reshuffle is designed to facilitate the disposal of bad loans at the Mizuho Financial Group, which also includes Dai-Ichi Kangyo Bank and the Industrial Bank of Japan.