• Kyodo News

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Japan Post Holdings Co. picked Yoshiyuki Izawa, chief of Japan Post Bank Co., as vice president at a general shareholders’ meeting Monday.

Izawa, former vice president of Mitsui & Co., is expected to contribute to enhancing the postal group’s fund management as the deputy of President Jiro Saito, a former top Finance Ministry bureaucrat who assumed his post in October to review the privatization process.

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