May 17, 2003
Financial Services Agency
(Provisional Translation)

Establishment of ''Monitoring Team of the Management of the Resona Bank''

On May 17, 2003, the Financial Services Agency (FSA) established the ''Monitoring Team of the Management of the Resona Bank''. Major members of the team are as follows;

Nobuyuki KINOSHITA	:	Director, Supervisory Coordination Division, Supervisory Bureau
Mamoru UMEMOTO	:	Controller for Financial System's Stability, Kinki Local Finance Bureau, and Inspection Bureau and Supervisory Bureau, the FSA
Hisashi ONO	:	Director for International Affairs, Inspection Coordination Division, Inspection Bureau
Tomohiro YONEZAWA	:	Director for Supervision, Supervisory Coordination Division, Supervisory Bureau
Naoki NISHIDA	:	Director for Banking Supervision, Banks Division I, Supervisory Bureau
Shuya NOMURA	:	Special Advisor to the Minister

The team is composed of 13 officers; the above 6 and other 7 officers.The number of the team will be increased if necessary.

(Note)

Based on the ''Program for Financial Revival'' (October 30, 2002) and the ''Monitoring on the management of a 'Special Support Financial Institution''' (April 4, 2003), the FSA is to promptly establish the monitoring team which is composed of officers in the Inspection Bureau and Supervisory Bureau after the determination on the Special Support.

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• Statement by Prime Minister Junichiro Koizumi (Japanese version)
• The result of the deliberation at the 1^st Meeting of Financial System Management Council (Available in Japanese)