Yasuhiro
Sato was born in April 1952 and earned a degree in economics from Tokyo
University in 1976. After graduating, Yasuhiro began his career at the
Industrial Bank of Japan. He continued working for the company which eventually
combined with Dai-Ichi Kangyo Bank Ltd and Fuji Bank Ltd in 2000 to form
Mizuho.
Yasuhiro
gained international banking experience working in New York in the late 1980s
building close ties with global financial institutions. Rising through the
ranks he became executive officer of the international banking unit of Mizuho
Corporate Bank in March 2003. Yashiro
was appointed Mizuho Corporate Bank’s managing executive officer in April 2004.
He
became the CEO of Mizuho Corporate Bank in April 2009. In this capacity he announced
plans to enter emerging markets in the ASEAN region. In May 2011 Yasuhiro became the CEO of Mizuho
Financial Group. As a sign that times
were going to be tough he took a 30 percent salary cut for his first three months
as CEO. He also announced plans to cut
3,000 jobs in November.
Making
tough decisions, Yasuhiro
has been working hard to streamline Mizuho Financial Group and make the most of
its huge resources.
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