He headed the exit operation from the Quantitative Easing Policy, a prototypical unconventional policy that lasted from 2001 to 2006. He dealt with the homegrown financial crisis of the 1990s. In his 39 years at the Bank, his main responsibilities have been crisis management of financial systems and markets focusing on global systems. He served as the Deputy Governor of the BOJ since March 2013. Hiroshi Nakaso was appointed chairman of the Daiwa Institute of Research (DIR) in July 2018 after completing his term as Deputy Governor of the Bank of Japan. in economics from Hitotsubashi University and his PhD in economics from Osaka University. The following year, Professor Takenaka returned to academia. In 2005, he was named the Minister for both Internal Affairs and Communication, and Privatization of the Postal Services. In this capacity, he realized the privatization of Japan Post, the biggest public enterprise in Japan. In 2004, he was elected to the House of Councilors, and was named the Minister for both Economic/Fiscal Policy and Privatization of the Postal Services. In this capacity, he accomplished the disposal of non-performing loans of Japanese banks, which had hindered the Japanese economy for more than 10 years. In 2002, he was named the Minister for both Financial Services and Economic/Fiscal Policy. In 2001, Prime Minister Junichiro Koizumi named Professor Takenaka the Minister for Economic/Fiscal Policy, in which position he spearheaded Japan’s economic structural reform. He was named to the Foundation Board of the World Economic Forum in 2007.
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He was Minister for Internal Affairs and Communications (2005-2006).
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Heizo Takenaka is a professor at Toyo University and a professor Emeritus at Keio University and a Senior Research Fellow of Japan Center for Economic Research. National Lead Partner of Advisory Services for Financial Sector of KPMG JapanĬhair of the Editorial Board and Editor-at-Large, USĬhair of Editorial Committee, Nikkei Inc.ĭr. Senior Managing Executive Officer, Mizuho Financial Group Representative Director, Deputy President, Nomura Securitiesĭeputy President, Sumitomo Mitsui Banking Corporationĭeputy President, Daiwa Securities Group Inc. *Honorifics and titles omitted, names in no particular order.Ĭhairperson, Research Commission on the Tax System,Ĭhair, City of London's Green Finance Institute Senior Banker, SEBĬhair, Japan Advisory Group, London Stock Exchange GroupĬhairman, FinCity.Tokyo Former Deputy Governor of the Bank of JapanĬhairman, Mizuho Research Institute Former President, Asian Development Bank
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