, also romanized as Mayekawa, was a Japanese

Japanese people

The are an ethnic group originating in the Japanese archipelago and are the predominant ethnic group of Japan. Worldwide, approximately 130 million people are of Japanese descent; of these, approximately 127 million are residents of Japan. People of Japanese ancestry who live in other countries...

 businessman, central banker, the 24th Governor of the Bank of Japan

Bank of Japan

is the central bank of Japan. The Bank is often called for short. It has its headquarters in Chuo, Tokyo.-History:Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration...

 (BOJ).

Career

Before rising to become head of the Bank of Japan, Maekawa held a other bank positions, including director of foreign-exchange operations.
Maekawa was Governor of the Bank of Japan from December 17, 1979 through December 16, 1984, having previously served as Deputy Governor from 1974 to 1979. Along with Finance Minister

Minister of Finance (Japan)

The is the member of the Cabinet of Japan in charge of the Ministry of Finance. This position was formerly cited as being Japan's most powerful and one of the world's, because Japan had historically held the largest foreign exchange reserves...

 Noboru Takeshita

Noboru Takeshita

was a Japanese politician and the 74th Prime Minister of Japan from November 6, 1987 to June 3, 1989.Takeshita was also the last Prime Minister during the long rule of the Emperor Shōwa.-Early years:...

, he was credited with negotiating a Saudi-Japan petrodollar accord in 1980.

In 1986, the Maekawa Commission (the "Advisory Group on Economic Restructuring" headed by Maekawa) proposed economic reforms designed to make the living standards of Japanese more comparable to levels enjoyed in the West. Maekawa is credited as the chief author of the commission report.