Takashi Tsukamoto
Profile
Performance in office
Tenure
Tenure
Background
He joined Dai-Ichi Kangyo Bank in April 1974. He became Executive Officer and General Manager of Human Resources at Mizuho Corporate Bank in April 2002, Managing Director in March 2006 and Director and Deputy President in April 2007. At the holding company he was responsible for risk management and human resources as Managing Executive Officer from March 2003, became Deputy President and Executive Officer heading the Financial Control and Accounting Group in April 2008, and Director and Deputy President in June that year. His was a career on the administrative side, through HR, risk and finance.
Selection
In April 2009 he succeeded Terunobu Maeda as President. In the fiscal year ended March 2009, the year before he took office, the group posted a consolidated net loss of ¥588.8 billion owing to credit costs and losses on shareholdings after the collapse of Lehman Brothers. Its thin capital stood out among the three domestic megabank groups, and it needed to build up capital through repeated public offerings and preferred share issues. Promoting the head of the Financial Control and Accounting Group appears to have made rebuilding capital his first task.
Initiatives
The core banking systems of the three former banks still had not been unified nine years after the integration. Earlier, in May 2009, the affiliate Shinko Securities had absorbed the subsidiary Mizuho Securities and changed its name to Mizuho Securities. In March 2011 a large-scale system failure occurred at Mizuho Bank, and on May 31 the Financial Services Agency issued a business improvement order under the Banking Act. Before that, on May 18, Mizuho had announced a plan to merge Mizuho Corporate Bank and Mizuho Bank and replaced its management, and in June Yasuhiro Sato became Group CEO.
Career
Career
Dai-Ichi Kangyo Bank
| Date | Position |
|---|---|
| Apr 1974 | Joined |
Mizuho Corporate Bank
| Date | Position |
|---|---|
| Apr 2002 | Executive Officer, General Manager, Human Resources Department |
| Apr 2004 | Managing Executive Officer, Europe Regional, Executive Officer |
| Mar 2006 | Managing Director, Planning, Group Executive Officer, Finance and Budget, Group Executive Officer |
| Apr 2007 | Deputy President |
Mizuho Financial Group
| Date | Position |
|---|---|
| Mar 2003 | Managing Executive Officer, General Manager, Risk Management Group, General Manager, Human Resources Group and General Manager, Human Resource Development Office |
| Feb 2004 | Managing Executive Officer, General Manager, Risk Management Group and General Manager, Human Resources Group |
| Apr 2008 | Executive Vice President, Executive Officer, General Manager, Finance and Budget Group |
| Jun 2008 | Executive Vice President, General Manager, Finance and Budget Group |
| Apr 2009 | President, General Manager, Human Resources Group |
| Jun 2011 | Stepped down as President |
Mizuhofinansharusutorateji
| Date | Position |
|---|---|
| Apr 2008 | President |