Bank Watchers: Ito and Task Force

bank watchers: Now, the 66-year-old Ito's combination of academic expertise, policymaking experience and influence at the highest levels in the nation has him discussed among central bank watchers as among those with a chance to succeed Kuroda, or to become one of his deputies at the Bank of Japan should the governor make history by taking another term. ; As a member of a G-20 task force on global financial governance, Ito is also well-connected with economic leaders around the world, according to The Japan Times. His decades of work on both sides of the Pacific Ocean have seen him forge links with the biggest names in academic and policy circles. That was back in 1999, when Kuroda ran Japan's currency policy at the Finance Ministry and Ito was his deputy. Takatoshi Ito comes from the Ben Bernanke, Mario Draghi, Janet Yellen mold, said Lawrence Summers, former U.S. Treasury Secretary and Ito's classmate at Harvard University. He combines academic excellence with a steady, sober, central bankerly temper. He has a network of colleagues who respect him greatly all over the world. (news.financializer.com). As reported in the news.

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