Terunobu Maeda

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). He’s currently the president of NHK.

Terunobu Maeda
Born (1945-01-02) January 2, 1945
Kumamoto, Japan
NationalityJapan
Alma materUniversity of Tokyo
OccupationInvestor

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 does not use air conditioners at his home during Tokyo's humid summers to make an environmental point.

References

  • Flynn, Finbarr (October 29, 2008). "Mizuho $7 Billion Loss Turned on Toxic Aardvark Made in America". Bloomberg L.P. Retrieved October 29, 2008.



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