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Manila-based Security Bank makes director changes

Manila-based Security Bank Corp. said Atsushi Murakami resigned as a director, effective March 31.

Murakami stepped down following his reassignment as a Mitsubishi UFJ Financial Group Inc. representative.

Meanwhile, Masaaki Suzuki was appointed a director of the Philippine lender, effective April 1.

Mitsubishi UFJ Financial Group Inc. currently holds a 20% stake in Security Bank.