Yoshio Kuno was at the forefront of the development of financial derivatives in Japan, with a diverse career as an end-user of derivatives as well as working for FCMs and exchanges and serving as an industry champion throughout the development of futures markets in the country.
While active in FX, FX options and fixed income futures at Bank of America in the mid-1980s, Kuno-san was busy lobbying Japanese regulators jointly with US exchanges and the FIA to enable Japanese investors to access the non-Japanese financial derivatives markets. When the door finally opened in 1987, he moved to Bank of America’s FCM subsidiary to serve Japanese financial institutional customers trading US and European listed derivatives markets.
After 11 years as General Manager of BofA’s Asian FCM business, Kuno-san joined CME Group in Tokyo in 1998 as Managing Director of Japan office. He also assisted in educating users in other Asia countries on the benefits of futures markets.
He joined Newedge as head of Japan from 2011 to March 2013 and subsequently joined Osaka Exchange Inc. under JPX Group as the advisor to OSE board.
Kuno-san served on many industry-related public missions on behalf of the Japanese Government Council and was a founding member and founding director of FIA Japan, serving as president from 2000 to 2007.