Kazuo Ueda Wikipedia: Japan’s Prime Minister Fumio Kishida proposed economist Kazuo Ueda as the new governor of the Bank of Japan. Who is Kazuo Ueda?
Kazuo Ueda is expected to succeed Haruhiko Kuroda, who oversaw the bank for over a decade. The administration also nominated Ryozo Himino, 62, and Shinichi Uchida, 60, as deputy governors. The nominations were presented to parliament today.
Ueda will investigate the ultra-accommodative monetary policies that the current Leader, Haruhiko Kuroda, adopted during his ten years in office.
Investors will watch the nomination hearings for comments and cues on how and when he intends to normalize policy.
Following the nomination, there has been much interest in Kazuo Ueda’s personal and professional life. Here is what we know about Japan’s central bank’s next governor.
Who Is The Next BOJ Governor? Kazuo Ueda Wikipedia And Age
Born in the early 1950s, Kazuo Ueda is currently 71 years old.
The Japanese economist is a professor at Kyoritsu Women’s University. The economist has also been a board member of the Bank of Japan (BOK) from 1998 to 2005.
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Mr. Kazuo also serves as an external board member at JGC groups and a senior external auditor at Melco holdings. Moreover, the economist has been serving as the director of the University of Tokyo for nearly six years.
Current Bank of Japan Governor Haruhiko Kuroda (Left) and Kazuo Ueda (right), a central bank’s policy board member – at a symposium in Sendai in 2016. (Image Source: The Japan Times)
Talking about his education, Kazuo Ueda earned his bachelor’s degree in mathematics from the University of Tokyo in 1974. Two years later, he enrolled at MIT (Massachusetts Institute of Technology) and obtained Ph.D. in the field of economics.
He graduated from MIT in 1980. Immediately after his graduation, the Japanese scholar became an assistant professor of Economics at the University of British Columbia.
From 1985 to 1987, he was a senior economist at the research institute on monetary and fiscal policy at Japan’s Ministry of Finance.
Likewise, Ueda was also an economics professor at Osaka University for seven years and University of Tokyo for 28 years (from 1989 to 2017).
The external board member of DBJ (Development Bank of Japan Inc) has been a special advisor to the research institute on monetary policy of The Bank of Japan since October 2008.
Kazuo Ueda Family: Parents, Wife, And Children
The next governor of BOJ, Kazuo Ueda, seems to prefer his life away from the media scrutiny. In addition, he only came to the spotlight recently. Thus, there are few details about his personal life.
As a result, there is not much about the economist’s personal life, including his parents, family background, wife, and kids.
Looking at his resume, we can assume he hails from a good family scholar. His parents must have encouraged him to pursue higher education.
While Kazuo Ueda has garnered substantial public attention, his family flies under the radar. (Image Source: LinkedIn)
It is unknown whether Kazuo Ueda is married. We are eager to learn more about the future governor of the Bank of Japan.
Net Worth And Earning Sources
Kazuo Ueda has been a Kyoritsu Women’s University professor since April 2017. In addition, he served as a professor of economics for nearly three decades.
Glassdoor reported that a person working as a professor in Japan earns ¥12 million ($90.89 K) as their annual average salary.
Thus, Kazuo Ueda must earn around that range, and his net worth must be a commendable sum. The economist’s other endeavors must also benefit his net worth significantly.
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