Salzburg Global Fellow Appointed OECD Deputy Secretary-General




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May 22, 2017
by Oscar Tollast
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Salzburg Global Fellow Appointed OECD Deputy Secretary-General

Masamichi Kono will take up his up his new position at organization in August 2017 Masamichi Kono at Salzburg Global in 2014 for Session 546 The Future of Banking: Is There a Sustainable Business Model for Banks?

Salzburg Global Fellow Masamichi Kono has been appointed Deputy Secretary-General of the OECD.

Kono, who will replace Rintaro Tamaki, will assist the OECD Secretary-General Angel Gurría by focusing on the strategic direction of OECD policy.

Gurría, also a Salzburg Global Fellow after attending Session 523 - Restoring the Public's Trust: Delivering on Public Policy Goals, praised Kono for his broad experience and knowledge on international issues when announcing his appointment.

Kono was a faculty member at Session 546 - The Future of Banking: Is There a Sustainable Business Model for Banks? in 2014. Kono and others met to discuss options and best practices for a sustainable financial architecture to meet the needs of the economy, shareholders, entrepreneurs and the public.

Before this, Kono also attended Session 492 - Financial Regulation: Bridging Global Differences in 2012. This session brought together regulators, bankers, economists, lawyers and other experts from around the world to discuss trends in regulatory reforms in the US, Europe and Asia.

Kono is a former Vice Minister for International Affairs of Japan’s Financial Services Agency (JFSA). He represented the JFSA on the Financial Stability Board between 2009 and 2016, chairing its Regional Consultative Group for Asia. He was also President of JFSA’s Global Financial Partnership Centre (GLOPAC).

He also served as the Chairman of the Technical Committee of the International Organisation of Securities Commissions (IOSCO), and was Chairman of the IOSCO Board until 2013. In addition, he was Secretary of the Committee on Trade in Financial Services of the World Trade Organisation (WTO) between 1995 and 1999.

Kono is no stranger to the OECD, having worked for four years in the OECD’s Economics Department at the beginning of his career.