Terunobu Maeda

Japanese banker
The basics

Quick Facts

IntroJapanese banker
PlacesJapan
isBusinessperson Financial professional Banker
Work fieldBusiness Finance
Gender
Male
Birth2 January 1945, Kumamoto Prefecture, Japan
Age80 years
Star signCapricorn
Education
University of Tokyo
The details

Biography

Terunobu Maeda (前田 晃伸, Maeda Terunobu, born January 2, 1945) is a Japanese investor who has been the President and CEO of Mizuho Financial Group (2002–) and Chairman of the Japanese Bankers Association (2005–2006).

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 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 magazine.

Personal life

Maeda is an amateur gardener who doesn't use air conditioners at his home during Tokyo's humid summers to make an environmental point.

The contents of this page are sourced from Wikipedia article on 13 Jun 2020. The contents are available under the CC BY-SA 4.0 license.