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.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!