Sugita’s sickness

In early May, Katsuyuki Sugita, president of Dai-Ichi Kangyo Bank (DKB) and co-CEO of the newly created Mizuho Bank, returned to duty from sick leave. He made all the right noises to staff that he was fighting fit - "full of power and energy" - and ready to play a full part in the next stage of the merger of DKB, Fuji Bank and Industrial Bank of Japan (IBJ).

       
Katsuyuki Sugita

In early May, Katsuyuki Sugita, president of Dai-Ichi Kangyo Bank (DKB) and co-CEO of the newly created Mizuho Bank, returned to duty from sick leave. He made all the right noises to staff that he was fighting fit – “full of power and energy” – and ready to play a full part in the next stage of the merger of DKB, Fuji Bank and Industrial Bank of Japan (IBJ).

But insiders fear that Sugita’s sickness will make the infighting for top jobs in Mizuho the more intense.

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