Masamichi Kono

Senior Advisor, MUFG Bank

Trustee, IFRS Foundation

Bio

Mr. Masamichi Kono is the Senior Advisor of MUFG Bank and a Member of the Global Advisory Board of Mitsubishi UFJ Financial Group. He also serves as a trustee of the IFRS Foundation from July 2021. He served as Deputy Secretary General of the Organization for Economic Cooperation and Development (OECD) until October 2021, where his responsibilities included setting the strategic direction of OECD policy on environment, tax, trade and agriculture, along with leading financial and enterprise affairs. He oversaw initiatives on infrastructure and sustainable growth and represented the OECD at the Financial Stability Board. Mr. Kono has held senior and executive roles at the Ministry of Finance and the Financial Services Agency of Japan. He served as Chairman of the International Organization of Securities Commissions (IOSCO) Technical Committee, and thereafter as Chairman of the IOSCO Board. He was also Co-chair of the Financial Stability Board’s regional consultative group for Asia, and served as Chair of the IFRS Foundation Monitoring Board from 2013 to 2016. He has had a long career in financial supervision and the regulation of financial services, both in Japan and in the international arena, since joining the public service in 1978. Before joining the Financial Services Agency, Mr Kono was Secretary to the WTO Trade in Financial Services Committee between 1994 and 1999, as Counsellor of the Trade in Services Division, World Trade Organization. He also served for 4 years at the OECD Secretariat in the Economics Department, at the beginning of his career.