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(Update) Kirayaka Bank Pres. to Resign over Losses

(Update) Kirayaka Bank Pres. to Resign over Losses

   Yamagata, July 9 (Jiji Press)--Kirayaka Bank said Tuesday that President Koji Kawagoe, 60, will step down after the regional bank, based in the northeastern Japan city of Yamagata, suffered its second straight year of losses.
   Director Hideki Nishizuka, 52, is scheduled to become the new president in September. Nishizuka assumed his current post only last month.

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AFP-JIJI PRESS NEWS JOURNAL


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