Kathy Matsui

Kathy M. Matsui (キャシー・松井, born 1965) is a General Partner of Japan's first ESG-focused global venture capital fund, MPower Partners. She is a former vice chair and chief Japan strategist for global investment bank Goldman Sachs.[1] She was born in California in 1965.[2] She was credited by Shinzō Abe, prime minister of Japan, with having coined the term "womenomics".[3][4][5][6][7][8] She is a graduate of Harvard University[9] and survived breast cancer in 2001.[10][11] She is a TEDx speaker.[12]

Life and career

Matsui's parents were Japanese Christians who immigrated from Nara Prefecture in Japan to the United States[13] in the early 1960s. She was born in California in 1965,[14] where her parents ran a commercial flower nursery in Salinas Valley.[13] She has three siblings, Teresa, William, and Paul.[15] Growing up, she worked in the family business while attending school and taking Japanese classes on Saturdays.[15]

Matsui is a 1982 graduate of Gonzales High School. A small rural school district at the time served Gonzales, CA; Soledad, CA; Chualar, CA and the surrounding ranches and farm in central Salinas Valley.

Matsui earned degrees in social studies from Harvard University and international affairs from Johns Hopkins University.[15] In 1986 she visited Japan for the first time—two years on a Rotary scholarship at the International Christian University in Tokyo. Before this, she had only a weak command of the Japanese language.[14] Matsui joined the Japan Strategy team of Barclays de Zoete Wedd Securities in spring 1990, just after the Japanese bubble economy peaked. She joined Goldman Sachs Japan in 1994,[13] where she became managing director in 1998[15] and the first female partner there[13] in 2000.[15]

In August 1999 Matsui published a report in which she coined the term "womenomics", in which she argues increasing the participation of women in the workforce as a better solution to Japan's economic stagnation than increasing immigration or the birthrate. At the time, 56.7% of working-age women participated in the workforce in Japan, where women's status and opportunities have ranked low compared to most other nations. She likened such low participation to "running a marathon with one leg".[15]

In 2001, Matsui was diagnosed with breast cancer. She returned to California for chemotherapy and recuperation. She wore a wig when she returned to Goldman Sachs eight months later.[15]

Japanese Prime Minister Shinzō Abe incorporated Matsui's womenomics research into his Abenomics economic reforms announced in 2012.[15] On 1 January 2015 she was appointed a vice chair of Goldman Sachs Japan.[16]

Recognition

The magazine Institutional Investor named her the No. 1 stock market forecaster for Japan in 2000, 2001, and 2006,[15] and the Wall Street Journal chose her in 2007 as one of "10 Women to Watch in Asia".[13]

Personal life

Matsui is married to Jesper Koll[15] and is the mother of a son and daughter, both of whom were born in Japan.[14]

References
  1. "'Womenomics' advocate Kathy Matsui to leave Goldman Sachs". Nikkei Asia. Retrieved 2020-12-15.
  2. Natsuko Fukue (17 January 2009). "Strategist puts stock in future of women". The Japan Times. Retrieved 12 June 2016.
  3. Yoshiaki Nohara (2014-01-21). "Goldman's Matsui Turns Abe to Womenomics for Japan Growth - Bloomberg Business". Bloomberg.com. Retrieved 2016-02-02.
  4. "Q&A: Goldman's Matsui Says Survival Instinct Driving 'Womenomics' - Japan Real Time - WSJ". Blogs.wsj.com. 2015-04-23. Retrieved 2016-02-02.
  5. Goldman Sachs’ Matsui Challenges ‘Myths’ of Womenomics. Yoko Sudo, Wall Street Journal, 10 July 2014. Retrieved 12 June 2016.
  6. "Kathy Matsui takes stock of Abe's 'womenomics' reforms ‹ Japan Today: Japan News and Discussion".
  7. "Voice of Experience: Kathy Matsui, co-head of Economics, Commodities and Strategy (ECS) Research in Asia, chief Japan equity strategist, Goldman Sachs Japan". 20 August 2013.
  8. "Women in finance: Kathy Matsui".
  9. "Kathy Matsui | World Economic Forum". Weforum.org. Retrieved 2016-02-02.
  10. Interview by Angus Watson (2011-03-28). "How to give it: Kathy Matsui". FT.com. Retrieved 2016-02-02.
  11. "Goldman Sachs - Our Thinking - Womenomics 4.0: Time to Walk the Talk".
  12. "» Kathy Matsui". Archived from the original on 2015-06-30. Retrieved 2016-02-02.
  13. Landry 2016.
  14. Fukue 2009.
  15. Nohara 2014.
  16. The Nikkei staff 2014.

Works cited
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