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Gov. Masaaki Shirakawa

Promontory Advisory Board Member

Gov. Masaaki Shirakawa served as the 30th governor of the Bank of Japan, where he was one of a small group of central bankers who led the world economy through the financial crisis.


Gov. Shirakawa first joined the Bank of Japan in 1972 and, over more than three decades at the central bank, came to be highly regarded as a global policy leader in economics and finance. He served as the Bank of Japan’s executive director from 2002 to 2006, with responsibility for framing monetary policy decisions. He became governor in 2008 and retired from the position in 2013. In addition to his roles at the Bank of Japan, Gov. Shirakawa was director and later vice chairman of the Bank for International Settlements, at which he oversaw many of the regulatory changes that have emerged from the Basel process over the last several years.

Gov. Shirakawa graduated in 1972 from the University of Tokyo with a bachelor’s degree in economics and earned a master’s degree in economics from the University of Chicago in 1977. From 2006 to 2008, he taught in the faculty of Kyoto University’s graduate school of public policy. In 2013, he became a special professor of international politics, economics, and communications at Aoyama Gakuin University, in Tokyo.

Gov. Shirakawa is a member of the Group of 30.


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