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Masaaki Shirakawa

Masaaki Shirakawa
白川 方明
Masaaki Shirakawa 2012.jpg
30th Governor of the Bank of Japan
In office
April 9, 2008 – March 19, 2013
Prime Minister Yasuo Fukuda
Taro Aso
Yukio Hatoyama
Naoto Kan
Yoshihiko Noda
Shinzo Abe
Deputy Hirohide Yamaguchi
Kiyohiko Nishimura
Preceded by Toshihiko Fukui
Succeeded by Haruhiko Kuroda
Deputy Governor of the Bank of Japan
In office
March 20, 2008 – April 9, 2008
Prime Minister Yasuo Fukuda
Preceded by Toshirō Mutō
Kazumasa Iwata
Succeeded by Kiyohiko Nishimura
Personal details
Born (1949-09-27) 27 September 1949 (age 67)
Alma mater University of Tokyo
University of Chicago
Signature

Masaaki Shirakawa (白川 方明 Shirakawa Masaaki?, born September 27, 1949) is a Japanese economist, central banker and the 30th Governor of the Bank of Japan (BOJ), and professor of Aoyama Gakuin University. He is also a Director and Vice-Chairman of the Bank for International Settlements (BIS).

Shirakawa was born in Fukuoka. and he graduated from high school in Kokura.

In 1972, he was awarded a B.A. degree at the University of Tokyo. In 1977, he earned an M.A. 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. For a time, he was General Manager for the Americas at the bank's office in New York City.

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.


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