Eigo Fukai
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 and the 13th 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

Fukai was the aide to Takahashi Korekiyo
Takahashi Korekiyo
Viscount was a Japanese politician and the 20th Prime Minister of Japan from 13 November 1921 to 12 June 1922. He was known as an expert on finance during his political career.-Early life :...

, who was responsible for negotiating war loans to pay for Japan's participation in the Russo-Japanese War
Russo-Japanese War
The Russo-Japanese War was "the first great war of the 20th century." It grew out of rival imperial ambitions of the Russian Empire and Japanese Empire over Manchuria and Korea...

.

Fukui was part of the Japanese delegation at the Versailles Peace Conference
Paris Peace Conference, 1919
The Paris Peace Conference was the meeting of the Allied victors following the end of World War I to set the peace terms for the defeated Central Powers following the armistices of 1918. It took place in Paris in 1919 and involved diplomats from more than 32 countries and nationalities...

 in 1919. He was a special appointee of the Foreign Office at the Washington Conference on Limitation of Armament
Washington Naval Conference
The Washington Naval Conference also called the Washington Arms Conference, was a military conference called by President Warren G. Harding and held in Washington from 12 November 1921 to 6 February 1922. Conducted outside the auspices of the League of Nations, it was attended by nine nations...

 in 1921. Fukui was also a Japanese delegate at the London Economic Conference
London Economic Conference
The London Economic Conference was a meeting of representatives of 66 nations from June 12 to July 27, 1933, at the Geological Museum in London. Its purpose was to win agreement on measures to fight global depression, revive international trade, and stabilize currency exchange rates.The Conference...

in 1933.

Fukai was Governor of the Bank of Japan from from June 4, 1935-February 9, 1937. His promotion came after seven years as Deputy Governor.

During his term as head of the bank, his chief concern was ensuring confidence in Japan's currency and limiting monetary inflation. Ineffective efforts to slow the growth of military spending marked Fukai's term as BOJ governor.
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