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TOKYO – 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)
