MR. MASAHIRO KOBAYASHI
Director General, Research and Survey Department,
and Director General for International Affairs,
Corporate Strategy Department, Japan Housing Finance Agency (JHF)
 
             Masahiro Kobayashi was appointed as the Director General, Research and Survey Department, and Director General for International Affairs, Corporate Strategy Department, at Japan Housing Finance Agency (JHF) as of April 2016. Before serving this position, he served as Director General for Global Markets and Chief Economist of JHF and wrote 9 books on recent global financial crisis and other related topics, some of which are translated into foreign languages.
             He serves as Member of Advisory Board of Asia Pacific Union for Housing Finance. He worked in Philippines as resident representative of Overseas Economic Cooperation Fund (now merged with JICA) from 1996 to 1999 and served as Deputy Country Director for the Philippines at Japan Bank for International Cooperation from 1999 to 2000. He was seconded to Federal National Mortgage Association (Fannie Mae) in 2002 as a special trainee to study secondary market operation in the US.
             He holds the degree of B.A.Law from University of Tokyo. He served as visiting research fellow at Chuo University from 2011 to March 2016 and serves as part-time lecturer at Graduate School of Finance, Accounting and Law, Waseda University since 2014. He is a member of the Japan Association for Real Estate Sciences and received an Editorial Award in 2012.

             JHF is an Incorporated Administrative Agency established in 2007 and is 100% owned by the Government of Japan. JHF replaced the Government Housing Loan Corporation (GHLC) which was established in 1950. JHF is the largest issuer of MBS (Mortgage Backed Securities) in Japan.