When Tatsufumi Sakai was named
chief executive and president of Mizuho Financial Group
this year, many bankers and investors were surprised. :
TOKYO, Aug 24 (Reuters) - When Tatsufumi Sakai was named chief executive and president of Mizuho Financial Group this year, many bankers and investors were surprised. The low-key book lover represented a sharp contrast with Yasuhiro Sato, his bold, charismatic predecessor, who was vocal about his ambitions for Japan’s second-largest lender but presided over a sharp decline during the last three years. Sakai wasn’t considered a favourite for the top job.