Kitazume Isao (北爪功) became president of THE TOWA BANK, LTD. in June and aims for a V-shaped recovery from the loss caused by the one-time booking of valuation losses on securities in the fiscal year ending March 2026. As measures to leverage frontline capabilities, the bank will strengthen risk management and expand lending to small and medium-sized enterprises, with a target of achieving an 8% capital adequacy ratio in 3 years.
Kitazume Isao (北爪功) became president of THE TOWA BANK, LTD. in June. Kitazume aims for a V-shaped recovery from the loss after booking a one-time charge for valuation losses on securities in the fiscal year ending March 2026. The bank will also focus on strengthening risk management and increasing lending to small and medium-sized enterprises.
Kitazume cited a V-shaped recovery in performance and achieving an 8% capital adequacy ratio in 3 years as his mission, and said he wanted to strengthen frontline capabilities by treating customers’ on-the-ground challenges as hints for the bank’s growth. He indicated that, as president, he intends to lead the bank in a positive direction and make it a bank where all employees stand alongside customers.
FY2026 will be positioned as a year for turning the initiatives of the current first medium-term management plan into results while establishing a foundation for new growth, and the bank plans to pursue 3 initiatives. One of these is the “TOWA Customer Support Activities” program.