Shinsei Bank Ltd.'s representative director Yukio Nakamura is scheduled to resign from his position and to be appointed special adviser and executive adviser after the general meeting of shareholders on June 20.

Alongside the pending resignation of Nakamura from the board, the bank also announced May 11 candidates for reelection and election for directors, audit and supervisory board member, and substitute audit and supervisory board member.

The lender appointed Yoshiaki Kozano as a director on its board. Kozano is chief officer of group business strategy at the bank.