Hyakujushi Bank Chairman to Resign for Ignoring Harassment
Newsfrom JapanSociety Economy
Takamatsu, Oct. 30 (Jiji Press)--Hyakujushi Bank <8386> Chairman Tomoki Watanabe will step down to take responsibility for failing to stop a client from behaving inappropriately toward a female employee of the regional bank.
Watanabe, 66, will also give up his role as a board member and will become consultant, effective on Thursday, bank officials said.
According to the Takamatsu, Kagawa Prefecture-based bank, a female employee was subjected to inappropriate behavior by a male client at a dinner hosted by Watanabe in February.
The bank carried out an in-house inquiry in May after finding out about the incident.
In June, it decided to impose pay and bonus cuts on Watanabe and a male executive officer who was also present at the dinner.
[Copyright The Jiji Press, Ltd.]