After graduated from the University of Tokyo, Mr. Gyohten joined the Ministry of Finance (MOF) in 1955. Before he was appointed to Vice Minister of Finance for International Affairs in 1986, he occupied various senior positions including Director-General of International Finance Bureau at the Ministry of Finance and also served for the IMF and the ADB on lease. After his retirement in 1989 he was a visiting professor at Harvard University, Princeton University and the University of St. Gallen. In 1992 he became Chairman of the Bank of Tokyo, Ltd. (currently the Bank of Tokyo-Mitsubishi UFJ, Ltd.). Since 1995, he has been President of the IIMA and concurrently serves as Senior Advisor to the Bank of Tokyo-Mitsubishi UFJ, Ltd.
In the meantime, Mr. Gyohten also chaired Working PartyⅢof the OECD (1988-90) and the Institute of International Finance (1994-97). He was appointed to a special advisor to P.M. Obuchi in 1998 and more recently was an advisor to the Cabinet Secretariat (special envoy to P.M.). He now serves as Special Advisor to the Minister of Finance.
In 1970, Mr. Watanabe graduated from University of Tokyo, Faculty of Law and started his career at the Bank of Tokyo, Ltd. (presently the Bank of Tokyo-Mitsubishi UFJ, Ltd.). After actively engaging in international banking in Tokyo, Hong Kong, London and Taipei, he took up the post of Chief Executive Officer for Asia and Oceania and Chief Executive for Global Corporate Banking Business Unit as Senior Managing Director. Subsequently, he was assigned to Senior Managing Director for the Mitsubishi UFJ Financial Group. Since 2008, he has been Managing Director of the IIMA, and concurrently he serves as Advisor of the Bank of Tokyo-Mitsubishi UFJ, Ltd.
Since 2007 he has been a committee member of the APEC Business Advisory Council (ABAC) representing Japan. He also serves as Chairman for the Standing Committee of India-Japan Business Co-operation Committee at the Japan Chamber of Commerce & Industry.