Ashutosh Kumar, Mizuho Bank’s head of global transaction banking in Asia Pacific, was awarded the Transaction Finance Leader of the Year for 2024. The accolade conferred by The Asian Banker and its International Council of Advisors, highlights Kumar’s exceptional contributions and transformative vision in transaction banking.

In his acceptance speech, Kumar said: “This award is a testament to the incredible team and the trust our clients have placed in us.
“To my team, this award is as much for you as it is for me. Your relentless pursuit of excellence, dedication, and customer-centric approach are why we have received this award.”

Chris Kapfer, research director of TABInsights, commended Kumar’s leadership, noting: “From the very beginning, he understood that his biggest challenge would be to bring a mindset shift in order to build a more successful franchise.”

Under Kumar, Mizuho Bank has fortified its position as a premier Asian international transaction bank for the fifth consecutive year. His strategic acumen, emphasis on digitalisation, and innovative initiatives have propelled the bank to unparalleled success in transaction banking.

Kumar highlighted the importance of innovation and customer orientation: “Innovating today, transforming tomorrow—this award serves as a reminder for all of us to proactively innovate together with our clients for a prosperous and sustainable future.”