Wikipedia entry for Kazuo Ueda: Japan’s Prime Minister, Fumio Kishida, recommended economist Kazuo Ueda as the Bank of Japan’s new governor. Haruhiko Kuroda, who has led the bank for almost a decade, is slated to be succeeded by Kazuo Ueda.
Ryozo Himino, 62, and Shinichi Uchida, 60, were also named deputy governors by the administration.
Today, the nominations were presented to parliament.
Ueda will look into the ultra-accommodative monetary policies
Investors will pay close attention to the nomination hearings for comments
and clues on how and when he intends to normalize policy.
There has been a lot of curiosity in Kazuo Ueda’s personal and professional life since his nomination.
Here’s everything we know about Japan’s future central bank governor.
Who Will Be the Next Governor of the Bank of Japan? Wikipedia: Kazuo Ueda Also, age
Kazuo Ueda, who was born in the early 1950s, is now 71 years old.
Professor of economics at Kyoritsu Women’s University in Japan.
From 1998 until 2005, the economist served on the Bank of Japan’s (BOK) board of directors.
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Mr. Kazuo additionally serves on the boards of JGC Groups and Melco Holdings as an external board member.
In addition, the economist has been the director of the University of Tokyo for over six years.
Current Bank of Japan Governor Haruhiko Kuroda (left) and Kazuo Ueda (right),
a member of the central bank’s policy board, at a symposium in Sendai in 2016.
In terms of education, Kazuo Ueda graduated from the University of Tokyo in 1974 with a bachelor’s degree in mathematics.
He enrolled at MIT (Massachusetts Institute of Technology) two years later and earned a Ph.D. in economics.
In 1980, he graduated from MIT.
Following graduation, the Japanese scholar accepted a position as an assistant professor of Economics at the University of British Columbia.
He worked as a senior economist at Japan’s Ministry of Finance’s research institute on monetary and fiscal policy from 1985 to 1987.
Similarly, Ueda taught economics at Osaka University for seven years and at the University of Tokyo for 28 years (from 1989 to 2017).
Since October 2008, the external board member of DBJ (Development Bank of Japan Inc)
has served as a special advisor to The Bank of Japan’s research institute on monetary policy.
Family of Kazuo Ueda: Parents, Wife, and Children
Kazuo Ueda, the next governor of the Bank of Japan, appears to prefer a life free of public scrutiny.
Furthermore, he has only recently emerged into the spotlight.
As a result, little is known about his personal life.
As a result, there is little information regarding the economist’s personal life, such as his parents, family background, wife, and children.
Based on his credentials, we can presume he comes from a scholarly household.
His parents must have urged him to go to college.
While Kazuo Ueda has received a great deal of public attention, his family is largely unknown.
Kazuo Ueda’s marital status is unknown. We are keen to learn more about the Bank of Japan’s future governor.
Also read:
Sources of Income And Net Worth
Kazuo Ueda has been a professor at Kyoritsu Women’s University since April 2017.
In addition, he was an economics professor for nearly three decades.
According to Glassdoor, the annual average income for a professor in Japan is $12 million ($90.89 K).
Thus, Kazuo Ueda’s earnings must be in that range, and his net worth must be excellent.
Other initiatives of the economist must also improve his net worth significantly.
