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Euromoney’s 2018 interviews with chief executive Nobuyuki Hirano* and CFO Aki Tokunari shed light on an institution that is acutely aware of the problems facing Japanese banking and has a clearly articulated strategy to deal with them, both domestically and internationally.
The problem is that those domestic challenges are not getting any easier, and developing momentum at home will take years. It is no surprise that Hirano’s restructuring plan for MUFG did not opt for the classic three-year cycle commonplace in plans like these in Japan.
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