is a Japanese investor who has been the President and CEO of
Mizuho Financial Group (2002–2009) and Chairman of the
Japanese Bankers Association (2005–2006). He’s currently the president of
NHK.
Maeda was born in
Kumamoto, raised in
Nakatsu, Ōita and graduated from the
University of Tokyo with a degree in law.
Maeda joined
Fuji Bank in 1968. He became vice-president of Fuji Bank, the predecessor of the present Mizuho Financial Group, in 1999. The bank recorded a loss of 2.38 trillion
JPY
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and th ...
that
fiscal year as it wrote off
non-performing loans accrued during three recessions in a decade. Maeda returned it to profitability the next year after reducing bad assets and through gains on investments in Japanese stocks.
Maeda was named "Top chief executive officer" in Japanese banking sector in 2007, according to ''
Institutional Investor
An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked co ...
'' magazine.
Personal life
Maeda is an amateur
gardener who does not use air conditioners at his home during Tokyo's humid summers to make an environmental point.
References
*
External links
Mizuho Financial Group : Top Message
1945 births
Living people
Japanese bankers
Japanese chief executives
People from Nakatsu, Ōita
University of Tokyo alumni
Fuji Bank
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