TOKYO, Mar 19 (Pulse News Wire) – Shinkin Central Bank (8421.T) announced today that its board of directors has approved the appointment of Hiroyoshi Sudo as the new president, effective June 24, 2026. The decision follows the retirement of current president Hiroshi Shibata due to the expiration of his term.

At the upcoming 89th regular general meeting scheduled for June 24, 2026, Sudo's nomination will be put to a vote. Following approval, he will officially take office during the same day’s board meeting. Shibata, who has served as president since 2022, will step down upon the conclusion of the general meeting.

Hiroyoshi Sudo, born on February 17, 1965, in Tochigi Prefecture, holds a degree in law from Gakushuin University and completed executive education programs at Harvard Business School and Keio University Graduate School of Business Administration. He joined the National Federation of Credit Unions (now Shinkin Central Bank) in April 1987 and held various leadership positions within the organization, including deputy president since June 2022. Sudo currently owns 24 shares of preferred stock in Shinkin Central Bank, according to the latest records as of December 31, 2025.

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