Glitch-plagued Mizuho to decline reins of key Japan banking lobby

CEO Sakai has delayed handover over recent ATM outages

20210413N Mizuho CEO

Mizuho Financial Group CEO Tatsufumi Sakai was originally supposed to become chairman of the Japanese Bankers Association on April 1. © Reuters

JUN WATANABE, Nikkei staff writer

TOKYO -- The head of Mizuho Financial Group plans to turn down the chairmanship of Japan's leading banking-industry group, instead focusing on his company's recent information system troubles.

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