Chida Katsuhiro has been promoted to president of Resona Bank, expressing confidence in supporting corporate growth by taking risks as the Japanese economy enters a growth phase.
Resona Holdings announced the promotion of Chida Katsuhiro to president of Resona Bank, marking the first leadership change in six years. Former president Iwanaga Shoichi will assume the position of chairman without representative authority. Alongside this, leadership changes were also made at Resona's subsidiaries, including Saitama Resona Bank and Kansai Mirai Bank, with new presidents set to take over in April.
Chida, who joined the former Asahi Bank in 1994, has extensive experience in branch operations across various regions. At the press conference announcing his promotion, he highlighted the potential for the Japanese economy to enter a growth phase and emphasized the importance of taking risks to support corporate growth and challenges. His remarks indicate a strategic shift towards becoming a more attractive and supportive bank for businesses in Japan.
The leadership changes at Resona Holdings reflect a broader context of the banking sector's need to adapt to the evolving economic landscape. With heightened competition and the necessity for banks to support corporate investment and growth, Chida's commitment to risk-taking could position Resona Bank as a proactive player in the industry, aiming to respond effectively to the needs of Japanese companies during this transformative period.
