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Sanwa exec to become UFJ Bank head instead of Muromachi.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 21 Kyodo

(EDS: ADDING TERANISHI'S COMMENTS)

Masashi Teranishi, senior managing director at Sanwa Bank, will assume the presidency of UFJ Bank when it is launched Jan. 15, and not Sanwa Bank President Kaneo Muromachi, as had been earlier decided, Sanwa Bank said Friday.

Teranishi, 54, will also be appointed chairman of the Japanese Bankers Association in April next year, and not Muromachi, 63,...

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