PROFILE OF TETSUNDO IWAKUNI
1936
Mr. Tetsundo Iwakuni was born in
1959
Joining
The Nikko Securities Co.,Ltd., Iwakuni served in
several branches overseas, including
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
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
system(in which all relevant
data regarding an individual is carried by that individual on one card), 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 "
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
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 DPJ’s 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 DPJ’s 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 Representatives’ 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
Representatives’ 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
Also, he is the
author of fifteen books, including "Logic of the City" (joint authorship with former Prime Minister Morihiro Hosokawa),"Challenge from Izumo”, 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 (
2009
He was invited as a specially
approved visiting professor of Dongseo
University (Busan,