Hironori Kamezawa

Profile
Tenure
Apr 2020 – Apr 2026
Years in office
6.0 years
Name in Japanese
亀澤宏規
Title at appointment
Director, Representative Corporate Executive Officer, President
Performance in office
Mitsubishi UFJ Financial Group
Performance in office
FY2020FY2026Change
Revenue¥7.3trillion¥14.6trillion+100%
Net margin7.2%16.6%+9.4pt
HiranoMikeKamezawaHanzawa
Revenue¥5.7 trillionRevenue¥14.6 trillionNet margin16.6%Net margin16.6%2016/32021/32026/3
Revenue¥5.7 trillionRevenue¥14.6 trillionNet margin16.6%Net margin16.6%2016/32021/32026/3
Tenure

Tenure

Background

He joined Mitsubishi Bank in April 1986. He became an Executive Officer in June 2010, and that same month also an Executive Officer of the holding company. At the bank he became Director and Managing Executive Officer in June 2017, Director and Senior Managing Executive Officer in May 2018 and Director, Deputy President and Executive Officer in April 2019, while at the holding company he became Director, Representative Executive Officer and Deputy President in June 2019. He rose as far as Deputy President but never served as the bank's President.

Education: University of Tokyo, Graduate School of Science, Mathematics, Master's Program (1986)

Selection

In April 2020 he succeeded Kanetsugu Mike as Representative Executive Officer and President. The line of promotions from bank President, four generations from Nobuo Kuroyanagi to Kanetsugu Mike, was broken here. He had served as Representative Executive Officer and Deputy President of the holding company for only ten months before taking office. In the fiscal year ended March 2020, the year before he took office, net income attributable to owners of the parent was ¥528.1 billion, down from ¥872.6 billion the year before. Placing him at the top without his having been bank President appears to have been a departure from earlier successions.

Initiatives

In December 2022 MUFG Bank sold MUFG Union Bank to U.S. Bancorp. The consideration was $5.5 billion in cash and about 2.9% of U.S. Bancorp shares, worth roughly $8 billion in total. Fourteen years after making UnionBanCal Corporation a wholly owned subsidiary in November 2008, the group withdrew from commercial banking on the US West Coast. In November 2024 thefts from safe deposit boxes by a former employee came to light, and in January 2025 the bank announced measures to prevent recurrence and disciplinary action against five officers including Junichi Hanzawa.

Career

Career

Mitsubishi Bank

Date Position
Apr 1986 Joined
Jun 2010 Executive Officer
Jun 2017 Director, Managing Executive Officer
May 2018 Director, Senior Managing Executive Officer
Apr 2019 Deputy President, Executive Officer
Apr 2020 Director

Mitsubishi UFJ Financial Group

Date Position
Jun 2010 Executive Officer
May 2017 Managing Corporate Executive Officer
May 2018 Senior Managing Corporate Executive Officer
Jun 2019 Director, Representative Corporate Executive Officer, Executive Deputy President
Apr 2020 Director, Representative Corporate Executive Officer, President
Apr 2026 Stepped down as President