Hiromichi Mizuno
Hiro Mizuno | |
---|---|
水野 弘道 | |
Born | Tajimi, Gifu Prefecture, Japan |
Nationality | Japanese |
Education | Osaka City University (BA) Northwestern University (MBA) |
Occupation | Financial executive |
Hiromichi Mizuno (水野 弘道) is a financial executive who served as chief investment officer of the Japan Government Pension Investment Fund (GPIF), the largest asset owner in the world, from January 2015 until March 2020.[1] He is currently United Nations special envoy on innovative finance and sustainable investments.
Early life and education
[edit]Mizuno was born in Tajimi in Gifu Prefecture, Japan.[2] He received his BA of law at the Osaka City University, before gaining a Master of Business Administration at the Kellogg School of Management of Northwestern University.[3]
Career
[edit]Earlier in his career, Mizuno worked for Sumitomo Mitsui Trust Holdings from April 1988 to January 2003.[4] He then became a partner of Coller Capital from 2003 until January 2015.[5]
Mizuno then became executive managing director and CIO of the Government Pension Investment Fund of Japan (GPIF), the largest pension fund globally with AUM of $1.5 trillion.[4]
Mizuno is currently a director of the United Nations Principles for Responsible Investment Association.[6] On 30 December 2020, he was appointed by United Nations Secretary-General António Guterres as United Nations special envoy on innovative finance and sustainable investments.[6][3][7]
Other activities
[edit]Corporate boards
[edit]- Tesla, Inc., Independent Member of the Board of Directors (since 2020)[8][9]
- Danone, Member of the Mission Committee (since 2020)[10][11]
Non-profit organizations
[edit]- The B Team, Member[12]
- CFA Institute, Member of the Future of Finance Advisory Council[13]
- Global Business Coalition for Education, Member of the Advisory Board[14]
Controversy
[edit]In September 2020, the Financial Times reported that Mizuno had intervened personally to influence the Harvard University endowment fund – one of Toshiba's largest investors – in what it described as "campaign" to ensure the reappointment of Nobuaki Kurumatani as Toshiba chief executive against the opposition of activist shareholders.[15]
References
[edit]- ^ Nauman, Billy; Lewis, Leo (12 December 2019). "Moral Money Special Edition: Hiro Mizuno, Japan's $1.6tn man". Financial Times. Moral Money. Retrieved 24 April 2020.
On December 3 [2019] the GPIF announced it would stop lending its global equity stocks to short sellers … Mizuno insists this move is needed to build a healthier investment climate … "… inconsistent with supporting short selling. I never met a short seller who has a long-term perspective. …"
- ^ "水野 弘道 (みずの ひろみち)" [Hiromichi Mizuno]. Biography. Nikkei Asian Review (in Japanese). Retrieved 20 April 2020.
前職は住友信託銀行で、金沢支店勤務などを経てMBA留学、その後シリコンバレー、ニューヨーク支店勤務。… 大阪大学医学系大学院招聘准教授。ひろしまイノベーション機構顧問。… チャリティープラットフォームの(財)ジャストギビングジャパン顧問。岐阜県多治見市生まれ。ロンドン在住。
- ^ a b "Mr. Hiro Mizuno of Japan - Special Envoy on Innovative Finance and Sustainable Investments". United Nations Secretary-General. 30 December 2020. Retrieved 31 December 2020.
- ^ a b "Hiromichi Mizuno". World Economic Forum. Retrieved 12 April 2023.
- ^ Hiro Mizuno Saïd Business School, University of Oxford.
- ^ a b Yoshida, Kaori (31 December 2020). "Tesla director Hiro Mizuno picked as UN sustainable investment envoy". Nikkei Asia. Retrieved 31 December 2020.
- ^ Secretary-General Appoints Hiro Mizuno of Japan Special Envoy on Innovative Finance and Sustainable Investments United Nations, press release of 30 December 2020.
- ^ Kirkhorn, Zachary J. Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (Report). Form 8-K. Tesla, Inc.
On and effective as of April 23, 2020, the authorized number of directors … was increased from nine to ten, and Hiromichi Mizuno was appointed to serve as a member of the Board as well as a member of the Audit Committee of the Board. … Mizuno … standard outside director compensation … initial award of an option to purchase 2,778 shares of Tesla's common stock, vesting and exercisable on June 18, 2020
- ^ Yu, Yifan; Fang, Alex (24 April 2020). "Tesla recruits Hiro Mizuno, ex-manager of Japan's $1.5tn pension fund". Nikkei Asian Review. Retrieved 24 April 2020.
Elon Musk praised former CIO for opposing short-selling … term at the GPIF ended in March [2020]. … interview with the Financial Times, Mizuno said the practice of short-selling is not consistent with its socially responsible investment philosophy, … supporting companies for the long term.
- ^ Abboud, Leila (26 June 2020). "Danone adopts new legal status to reflect social mission". Financial Times.
- ^ Danone becomes an "Entreprise à Mission" Danone, press release of 24 June 2020.
- ^ Leaders The B Team.
- ^ Future of Finance Advisory Council CFA Institute.
- ^ Advisory Board Global Business Coalition for Education.
- ^ Leo Lewis and Billy Nauman (15 September 2020), Harvard pressured to support Toshiba chief in ‘dark arts’ campaign Financial Times.
Further reading
[edit]- Mizuno, Hiro (21 April 2020). "Peter Tufano in conversation with Hiro Mizuno" (offset 04:20). Interviewed by Peter Tufano. University of Oxford: Saïd Business School – via Youtube.
External links
[edit]- Hiromichi Mizuno (@hiromichimizuno), on Twitter