Masamoto Yashiro explains how Shinsei Bank is getting it right

Masamoto Yashiro, chairman of the Board of Shinsei Bank, kicked off the Morgan Stanley Asia Pacific Summit in Singapore yesterday (November 15) as the keynote luncheon speaker. Yashiro was at the forefront of Shinsei Bank's turnaround, which, you may recall, was previously called the Long-Term Credit Bank of Japan, and was nationalised in October 1998. In March, 2000, a consortium of foreign investors led by US private equity fund Ripplewood Holdings acquired LTCB, and the bank sta…