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    1. Home
    2. >Business
    3. >Mizuho CEO to step down to take responsibility for system failures – Nikkei
    Business

    Mizuho CEO to Step Down to Take Responsibility for System Failures – Nikkei

    Published by maria gbaf

    Posted on November 19, 2021

    1 min read

    Last updated: January 28, 2026

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    Quick Summary

    Mizuho CEO Tatsufumi Sakai plans to resign due to system failures, as reported by Nikkei. The nomination committee will discuss new management.

    Mizuho CEO to Resign Over System Failures, Reports Nikkei

    TOKYO (Reuters) – Mizuho Financial Group Chief Executive Officer Tatsufumi Sakai intends to step down to take responsibility for a series of system failures this year, the Nikkei business daily reported on Thursday.

    The banking group’s nomination committee will start discussions to select a new management team, the Nikkei said.

    When asked for comment, a Mizuho spokesperson said nothing has been decided.

    (Reporting by Makiko Yamazaki; Editing by Kirsten Donovan)

    Key Takeaways

    • •Mizuho CEO Tatsufumi Sakai plans to resign.
    • •The resignation is due to system failures.
    • •Nikkei reported the news on Thursday.
    • •Mizuho's nomination committee to discuss new management.
    • •A spokesperson stated no decision has been made yet.

    Frequently Asked Questions about Mizuho CEO to step down to take responsibility for system failures – Nikkei

    1What is the main topic?

    The main topic is the resignation of Mizuho CEO Tatsufumi Sakai due to system failures.

    2Who reported the CEO's resignation?

    The resignation was reported by the Nikkei business daily.

    3What will happen after the CEO's resignation?

    Mizuho's nomination committee will start discussions to select a new management team.

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