TOKYO • Flight attendants and TV producers seeking a career change might want to look up Japan’s third-biggest bank.
Mizuho Financial Group Inc wants the hospitality and media veterans to woo investors and company executives with their strong communication and social skills, said Yuki Maeda, head of corporate access across Asia. It will recruit three people by March who will put institutional clients in touch with Japanese business leaders through conference calls and face-to face meetings, she said.
The move is part of Mizuho’s efforts to bolster its corporate access services after it began billing for them following the introduction of new European Markets in Financial Instruments Directive, or known as MiFID II.
The regulations, which require securities firms to separate those charges from equity research and trading, have put an onus on banks to beef up their matchmaker role for fund managers that want to meet with company executives to get information on their strategies.
While bankers and analysts already have connections with top executives at Japanese firms, the corporate access staff are responsible for organising events and meetings that bring them together with investors.
“Cabin attendants have good hospitality and English skills,” Maeda said. “We want multitaskers who can convince top company executives, government officials and university professors to meet with global investors or speak at conferences.”