Masamichi Yamagiwa
Encyclopedia
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 20th 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

Yamagiwa was Governor of the Bank of Japan from November 30, 1956 through December 17, 1964.

When the Japanese Cabinet accepted the Yamagiwa's resignation, his health was mentioned as the main reason for stepping down before the end of his second five-year term. At this time, the president of the Mitsubishi Bank, Makoto Usami, was already identified as successor.
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