Aozora Bank, Ltd. announced that Mr. Yukio Sekizawa will retire as Director but continue to work as Senior Managing Executive Officer as of June 25, 2019. The company announced promotions of executive officers. Koji Yamakoshi was promoted to Senior Managing Executive Officer, Head of Business Banking Group and Head of Corporate Banking Group from current position Managing Executive Officer, Head of Business Banking Group and Head of Corporate Banking Group as of July 1, 2019.

Masayoshi Ohara was promoted to Senior Managing Executive Officer, Chief Risk Officer and Chief Credit Risk Officer from current position Managing Executive Officer, Head of Business Banking Group and Head of Corporate Banking Group as of July 1, 2019. Masayoshi Ohara was promoted to Senior Managing Executive Officer, Chief Risk Officer and Chief Credit Risk Officer from current position Managing Executive Officer, Chief Risk Officer and Chief Credit Risk Officer as of July 1, 2019. Yutaka Aoyama was promoted to Managing Executive Officer and Head of Human Resources from current position Executive Officer and Head of Human Resources as of July 1, 2019.

Hideto Oomi was promoted to Managing Executive Officer, Head of Corporate Strategy Unit, Office of Corporate Secretary and Special Assignment from current position Executive Officer and Special Assignment as of July 1, 2019. Takashi Kato was promoted to Managing Executive Officer and Head of Financial Markets group from current position Executive Officer and Head of Financial Markets group as of July 1, 2019. Tomomi Akutagwa promoted from the current position of Managing Executive Officer, Head of Corporate Strategy unit and Office of Corporate Secretary to the new position of Director, Senior Managing Executive Officer and Chief Financial Officer.

Yuko Sekizawa was announced as Senior Managing Executive Officer, Head of Compliance and Governance and Head of Operations Group from the current position Senior Managing Executive Officer, and Chief Financial Officer as of July 1, 2019. Masaki Onuma was announced as Executive Officer and Head of International Finance Group from the current position Executive Officer and Deputy Head of International Finance Group as of July 1, 2019. The company appointed Akemi Hashimoto as Executive Officer, Deputy Head of Business Banking Group and Deputy Head of Corporate Banking Group from the current position Deputy Head of Business Banking Group and Deputy Head of Corporate Banking Group as of July 1, 2019.

Anthony Pui was appointed as Executive Officer and Deputy Head of International Finance Group from current position Co-General Manager of International Business Division as of July 1, 2019. Tetsuji Okuda was appointed as Executive Officer, Deputy Head of Financial Markets Group and General Manager of Treasury Investment Division from current position General Manager of Treasury Investment Division as of July 1, 2019. The company announced retirement of Takeshi Yamane as Executive Officer, Head of Compliance and Governance and Head of Operations Group as of June 27, 2019.

The company announced retirement of Hideaki Kuraishi as Managing Executive Officer and Head of International Finance Group as of June 30, 2019.