Japan post CEO Masatsugu Nagato
TOKYO: Japan Post Holdings Co.’s top executive vowed to restore public trust after thousands of customers were missold insurance policies.
Chief Executive Officer Masatsugu Nagato made the remarks after bowing in apology at a news briefing in Tokyo on Monday. In an interim report, Japan Post said it found about 6,300 cases of insurance sales at post offices that possibly violated the law or company rules.
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