Background
Shirakawa, Masaaki was born on November 27, 1949.
白川 方明
Shirakawa, Masaaki was born on November 27, 1949.
Bachelor in Economics, University Tokyo, 1972. Master of Arts in Economics, University Chicago, 1977.
He is also a Director and Vice-Chairman of the Bank for International Settlements ( Bank for International Settlements). In 1972, he was awarded a Bachelor of Arts degree at the University of Tokyo. In 1977, he earned an Master of Arts in Economics at the University of Chicago.
Shirakawa joined the Bank of Japan in 1972.
His varied assignments at the bank included a period as General Manager at the Ōita branch. Foreign a time, he was General Manager for the Americas at the bank"s office in New New York
Shirakawa joined the faculty of the graduate school of public policy at Kyoto University in 2006. He returned to BOJ in 2008.
His nomination to be Governor of the Bank was approved on April 9, 2008.
Masaaki ranks 6th on the world"s most powerful by Newsweek along with economic triumvirs Ben Bernanke (4th) and Jean-Claude Trichet (5th). Shirakawa"s mandate is "to respond to changes in circumstances in a flexible and timely manner" in a way which can contribute to the sustainable growth and development of Japan. In other words, this means that the role of the head of the BOJ is to effect price stability in Japan and to ensure stability of the financial system.
In 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.
He is a member in the Group of Thirty. In 2013 he has accepted a professor post of Aoyama Gakuin University.