Japan planning to name Japan Post Bank CEO Nagato to head holdings co -sources

March 14, 2016 7:08 AM

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TOKYO, March 14 The Japanese government is planning to name Japan Post Bank Co Chief Executive Masatsugu Nagato to replace Taizo Nishimuro as the head of Japan Post Holdings Co, two people with knowledge of the matter told Reuters on Monday.

Nishimuro, 80, has been in hospital since last month for unspecified tests, and is set to step down due to health concerns, separate sources had told Reuters earlier.

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