Toyoo Gyohten

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Person.png Toyoo Gyohten   SourcewatchRdf-entity.pngRdf-icon.png
(banker, economist)
Toyoo gyohten.jpg
Born1931
NationalityJapanese
Alma materWaseda University, University of Tokyo, Princeton University
Member ofCouncil on Foreign Relations/Global Board of Advisors, Goldman Sachs/International Advisors, Group of Thirty, Trilateral Commission

For 50 years, Toyoo Gyohten was part of the Japanese financial planning leadership. He worked as a senior civil servant in the influential Ministry of Finance and is former Vice Minister of Finance.

Career

After graduating from university in 1955, he joined the Ministry of Finance and was assigned to the Administration Department of the Customs Department of the Main Tax Bureau.

From September 1956, he studied abroad at Princeton University Graduate School of Social Economics in the United States. When he returned home from study abroad two years later, he worked for the exchange office.

In 1984, he became the director of the International Finance Bureau, where he witnessed the Plaza Agreement the following year and became known as part of the "currency mafia" representing Japan. Furthermore, from June the following year to July 1989, he served as a finance officer and was involved in the Louvre agreement to stabilize the US dollar.

After retiring in 1990, Gyohten became president of the Institute for International Monetary Affairs, and advisor to the Bank of Tokyo. He is also senior advisor of the Bank of Tokyo-Mitsubishi, and special adviser to the prime minister of Japan.

He is a member of a number of institutions dedicated to financial and economic development, among which are the Bretton Woods Committee, the Advisory Board of the East African Development Bank, the Aspen Institute, the Group of Thirty, and the Trilateral Commission." [1]

In October 2016, he retired as chairman of the Institute for International Monetary Affairs and became an honorary advisor

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References

  1. Toyoo Gyohten, Council on Foreign Relations, accessed September 21, 2008.
  2. Overseers, Trustees and Officers, International Center for Economic Growth, accessed September 21, 2008.