PROFILE OF TETSUNDO IWAKUNI

 

1936   

 

  Mr. Tetsundo Iwakuni was born in Osaka, Japan, on 11 July 1936. Losing his father at the age of seven, he returned to his mother's home province, Shimane Prefecture, where he graduated from Izumo High School and then attended the University of Tokyo, where he received L.L.B degree in 1959.

 

1959  

 

  Joining The Nikko Securities Co.,Ltd., Iwakuni served in several branches overseas, including New York, London and Paris.

 

1977 ~

 

 He joined Morgan Stanley and in 1984 moved to Merrill Lynch, where after serving as Chairman, President and CEO of Merrill Lynch Japan, he moved to New York as Senior Vice President in 1987.

 

1989  

 

  In 1989 Iwakuni responded to urgent pleas from his former home town, Izumo, to run for mayor. Quitting the world of international finance, he was elected mayor and served for six years as the chief executive of a 85,000 town with an annual budget of $300 million--roughly the amount of money that passed through his company every three minutes while he was with Merrill Lynch. "Public administration is the biggest service industry of all." This has long been Iwakuni's credo, and during his six years in Izumo he practiced it to the hilt, establishing weekend city service centers in a shopping center, introducing a single welfare card systemiin which all relevant data regarding an individual is carried by that individual on one cardj, and establishing a nationwide network of volunteer tree doctors. Under Iwakuni's administration, Izumo received the Japan Management Association's Grand Prize for the best Marketing and Service Organization, and the Oriental Economist Award for "Most Livable City in Japan."

 

1991  

 

  Iwakuni became a member of the Board of Directors of a town planning foundation set up by the Junior Chamber International Japan, a post he has held ever since, in 1991.

 

1995  

 

 In March 1995 Iwakuni resigned as Mayor of Izumo to run for the governorship of Tokyo. Though defeated, he received 824,385 votes.

 

1996   

 

 Iwakuni was elected to the House of Representatives for the first time in October 1996 as the member from Tokyo Prefecture District 6 (Setagaya-Ward).  In March 1996 he became a board member of Avon Japan., Ltd.

 

1998   

 

 In October 1998 Iwakuni received the Best Dresser Award.

 

2000    

 

 In June 2000 Iwakuni was reelected as a member of the House of Representatives for the second time and in September of that same year he became Vice President of the Democratic Party of Japan.

 

2001  

 

  In this year Iwakuni became a member of the House of Representatives' Standing Committee on Budget and was also appointed as a member of the National Land Development Council serving through 2002.

 

2002  

 

  In October 2002 Iwakuni became Next Minister of State for Administrative and Regulatory Reform in the DPJfs Next Cabinet and in December of the same year he was appointed Vice President of the Democratic Party of Japan.

 

2003   

 

 Iwakuni was reelected to the House of Representatives for the third time, and served a member of the House of Representatives' Standing Committee on Land, Infrastructure and Transport and a member of the National Land Development Council.  He served as Next Minister of State for Administrative and Regulatory Reform, Next Minister of Land, Infrastructure and Transport, and Next Minister of State for Political Reform in the DPJfs Next Cabinet.

 

2005   

 

 In September 2005, Iwakuni was reelected to the House of Representatives for the fourth time.  In the Diet, he served as the Chair of the House of Representativesf Committee on Discipline and a member of the Research Commission on the Constitution.

 

2006

 

  In October 2006, Iwakuni became a member of the House of Representativesf Committee on Budget and Committee on Audit and Oversight of Administration.  

He was also appointed Director-General of the DPJ International Department.  

 

He was invited as a Visiting Professor at the Darden school, University of Virginia, and Nankai University in Tianjin, China.

 

Also, he is the author of fifteen books, including "Logic of the City" ijoint authorship with former Prime Minister Morihiro Hosokawa),"Challenge from Izumoh, and "Creating the Next Era."

 

2007

 

2007.10  He became a Lead director of the Committee on Environment of the house of the Representatives.

 

2008  

 

He was invited as a visiting professor of Shanxi University (Shanxi province, China) International Department.

 

2009  

 

He was invited as a specially approved visiting professor of Dongseo University (Busan, Republic of Korea)  Business administration Department.