Kazuo Ueda

Governor, Bank of Japan

Kazuo Ueda was appointed Governor of the Bank of Japan in April 2023.

He started his career as an assistant professor in the Department of Economics at the University of British Columbia in 1980. In 1982, he became an associate professor at Osaka University, and in 1993 he became a professor at the University of Tokyo, specializing in macroeconomics and financial theory. From 1998 to 2005, he was a member of the Bank of Japan's Policy Board, the central bank's highest decision-making body, where he led discussions on the introduction of forward guidance under the Bank's zero interest rate policy. After completing the term of the Policy Board member, he became a professor at the Graduate School of Economics at the University of Tokyo in 2005 (serving as dean from 2005 to 2007). In 2017, he became a professor at Kyoritsu Women's University. He was awarded the title of Professor Emeritus from the University of Tokyo in 2017 and from Kyoritsu Women's University in 2023.

Apart from his academic roles, Dr. Ueda also served as an external member of the Board of Directors at the Development Bank of Japan from 2008 to 2023. He also chaired the Investment Committee of Japan's Government Pension Investment Fund (GPIF) from 2010 to 2014. From 2011 to 2012, he was President of the Japanese Economic Association.

Born in September 1951, Dr. Ueda holds a Bachelor of Science in Mathematics from the University of Tokyo (1974) and a Doctor of Philosophy in Economics from the Massachusetts Institute of Technology (1980).