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(Update) Mizuho Bank CEO Fujiwara to Resign over System Glitches

(Update) Mizuho Bank CEO Fujiwara to Resign over System Glitches

   Tokyo, June 11 (Jiji Press)--Mizuho Bank President and CEO Koji Fujiwara is expected to step down this month to take responsibility for a series of system glitches that hit the Japanese bank this year, sources familiar with the matter said Thursday.
   In February, the bank said Fujiwara, 59, would become chairman on April 1, a plan that has been put on hold due to the four system failures it has faced since late February. The appointment is likely to be canceled, the sources said.

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