Mizuho Financial Group will appoint senior executive officer Masahiro Kihara as its next chief executive who will be tasked with tackling long-running system failures, a person familiar with the matter said on Tuesday.
The depth of those problems at Japan's No. 3 lender was underscored again on Tuesday when Mizuho's main banking arm reported yet another disruption.
The latest glitch affected its corporate online banking services, with some corporate clients unable to log into the system, a spokesperson said. It was fixed after a few hours.
A separate source said Mizuho will announce the new chief on Monday, when it
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