The Tochigi Bank, Ltd. Announces Executive Changes
May 31, 2023 at 02:00 am
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The Tochigi Bank, Ltd. announced that the Board of Directors, at the meeting held on May 12, 2023, informally decided to make the following changes to the Company's directors and auditors, scheduled to take effect on June 28, 2023. The Bank aims to strengthen and enhance its management structure through this change, thereby further developing its business amid the drastically changing management environment. Director to be promoted: Hiroyuki Nakada as Managing Director (Currently Director, General Manager of Corporate Planning Division).
Career summary April 1988 Joined the Bank: June 2009 General Manager of Higashi-Koshigaya Branch; June 2012 General Manager of Utsunomiya-Ekimae Branch; April 2015 General Manager of Corporate Support Office of Corporate Business Division; June 2018 General Manager of Administration Division; June 2019 Director, General Manager of Koshigaya Branch; June 2021 Director, General Manager of Corporate Planning Division; June 2023 Appointed Managing Director (scheduled). Candidate for the newly appointed director: Shigenobu Ohashi as Director (Currently Executive Officer, General Manager of Koshigaya Branch). Career summary April 1985 Joined the Bank; June 2009 General Manager of Nogi Branch; June 2012 General Manager of Technopolis Branch; April2015 General Manager of Kanuma Branch; June 2018 General Manager of Tochigi Branch; July 2020 Executive Officer, General Manager of Tochigi Branch; June 2021 Executive Officer, General Manager of Koshigaya Branch; and June 2023 Appointed Director (scheduled).
Director scheduled to retire: Hiroshi Kondo as Managing Director. Scheduled date of appointment and retirement: June 28, 2023.
THE TOCHIGI BANK, LTD. (the Bank) is a Japan-based regional bank mainly engaged in the provision of financial services, with a focus on banking services. The Bank operates in two businesses. The banking business is engaged in the provision of deposit services, loan services, and domestic and foreign exchange services, securities trading and investment services, bonds services and the registration service and other services, as well as the over-the-counter sale of insurance products. The Leasing segment is engaged in the provision of equipment leasing services, housing loan guarantee services, credit card services and others. The other business is engaged in provision of equipment leasing services, housing loan guarantee services, securities buying and selling service, credit card services and others.