MUFG’s Next CEO Is Old-School Bank Manager Facing New Challenges
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ Financial Group Inc., will take the reins of Japan’s largest bank as it rakes in record profits. His challenge will be sustaining that growth beyond the windfall of rising interest rates.Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on April 1, MUFG said in a statement on Tuesday. Kamezawa, 64, who has been CEO since 2020, will become chairman.