Changes to Aozora Bank’s Organizational Structure

Tokyo April 1, 2009 – Aozora Bank, Ltd. (“Aozora”, “the Bank”), a leading
commercial bank, today announced details of the strategic review of its operations, previously described in conjunction with the Bank’s 3
rd
Quarter
results announcement. These changes to the organizational structure of the Bank represent Aozora’s
commitment towards its goal of returning to sustainable profitability through a domestic lending-focused business model. In order to realize this goal, the Bank has enhanced its asset management capabilities and has reviewed its sales and administrative operations to ensure the most appropriate business division structure and personnel allocation, as well as improving overall
efficiency throughout the organization. 1. Overview of the re-organization
a)

Establishment of the Business Promotion Division, and review of the investment banking business •

The International Division, Fund Investment Division, Structured Credit Division, and the Private Equity Division, have been abolished, and non-core assets have been transferred to this new
division in order to strengthen their management.

b)

Change in management and reporting structure at regional branches •

Previously managed in part by head office business groups,
regional branches will now manage all of their business activities (excluding retail-only branches).

c)

Enhancement of the Corporate Business Group •

Establishment of the Corporate Banking Management Division in
order to strengthen the strategic planning capability of the Corporate Business Group
•

Abolishment of Corporate Business Divisions I & II, and the Marketing Division. Sales operations have been strengthened
through the restructuring of Corporate Business Groups I to VI, in addition to the creation of the Small and Medium Enterprise Solution Division, which began operations in February this year.
•

The Capital Markets Division has been re-designated as the Syndication and Securitization Division.

Aozora Bank, Ltd.
April 1, 2009

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d)

Restructuring of the Financial Markets Group •

The Derivatives Sales Division and Treasury Division have been
restructured, and the Market Products Division and the Treasury Investment Division have been established in addition.

e)

Restructuring of Financial Institutions Group
•

The Securities Business Division has been integrated into the Financial Institutions Management Division, and has been abolished.

f)

Enhancement of Retail Banking Division
•

Commencement of Internet Banking Services and the Internet Branch
•

The Wealth Management Division has been integrated with the Personal Loan Division (the former Loan Centre) and has been
abolished. The Retail Business Planning Division has been established in order to raise the level of service provided by the Bank

g)

Rationalization and restructuring of the Technology & Operations
Group •

A portion of the business of Aozora Information Systems, Ltd., has been transferred to the head office, and the company will be closed.
•

The responsibilities of the Corporate Banking Service Division have
been transferred to the Corporate Banking Group in order to promote greater efficiency in operations.

Please refer to the Organizational Chart for details of other changes. 2. Implementation date: April 1, 2009
Media inquiries: Masaki Harada, Tsutomu Jimbo (03)5212-9252 Aozora Bank Corporate Communication Group

Organizational Chart

Shareholders
Board of Directors
Board of Corporate Auditors
Office of Corporate Auditors

Corporate Administration
& Service Div..
Legal &
Compliance Div.
Office of Corporate
Secretary

OCE
Office of Chief Executive
President
Retail
Banking
Group

Group
Head

Corporate
Banking
Group
Group
Head

Financial
Institution
Group

Group
Head

Financial
Markets
Group

Group
Head

Finance
Group
Chief Financial
Officer(CFO)

Technology &
Operations
Group
Chief
Technology
Officer(CTO)

Credit Risk
Management
Group

Chief
Credit Risk
Officer(CCRO)

Integrated Risk
Management
Group

Chief Risk
Officer(CRO)
Retail
Operation &
Technology Div.

Retail
Products
&
Marketing Div.

Retail
Business Planning
Div.

Personal Loan Div.
Retail
Banking Div.

Internet Br.

Corporate
Banking
Management
Div.

Small & Medium
Enterprise
Solution Div.

Corporate
Banking
Services Div.

Syndication & Securitization
Div

Corporate
Business
Division
Ⅰ
,Ⅱ, Ⅲ,Ⅳ,
Ⅴ
,Ⅵ

Financial
Institutions
Management
Div.

Syndication & Securitization
Div

Financial
Institutions
Div Ⅰ.

Financial
Institutions
Div Ⅱ.

Aozora Trust

Aozora
Securities

Treasury
Funding Div.

Treasury
Investment Div.

Market
Products Div.

Derivatives
Sales Div
Financial
Control Div.

Financial
Management
Div.

Financial
Reporting
Control Div.
Operations
Management
Div.

Crisis
Management
Div.

IT Control Div.

Application
Management
Div.

Banking
Administration
Div.

Markets &
International
Administration
Div.
AIS
Credit Risk
Management
Div.

Credit Div. Ⅰ

Credit Div. Ⅱ

Workout Div.

Credit Review
Div

Integrated Risk
Management
Div.

Market Risk
Management
Div.

. Human
Resources Div
Internal Audit Div.
Corporate Auditors

Business
Strategy Div.
[Branches]
Kansai Br., Nagoya Br., Fukuoka Br., Sendai Br., Sapporo Br., Hiroshima Br., Takamatsu Br.,Kanazawa Br.
Shinjuku Br., Nihonbashi Br., Shibuya Br., Ueno Br., Ikebukuro Br., Yokohama Br., Chiba Br., Osaka Br., Umeda Br., Kyoto Br.

Investment
Banking
Group
Group
Head

Special
Finance Div.

Real Estate
Finance Div.

Leveraged
Finance Div.

Asset Finance
Div.

Business
Promotion Div.

Overseas
Representative
Offices
(New York, Singapore,
Shanghai)

AAPF
ALS

AIC

Vice Chairman
Deputy President
Corporate Strategy Officer
Head of Compliance &
Governance
Asset Assessment Div.