- December 18, 1979
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Biographical / Historical
Tristan Beplat (1912 - 1997) was born in New York City in 1912. He attended the American Institute of Banking where he studied international banking and went on to study management at Harvard for graduate school. He took courses at the University of Virginia and Harvard about civil administration of occupied areas in 1945 to prepare him for the occupation of Japan. From October 1945 to March 1946, Belpat was the Assistant Chief to of the Foreign Exchange Branch, Finance Division, Economic and Scientific Section (ESS), General Headquarters (GHQ-SCAP), Supreme Commander for the Allied Powers. From May 1946 to August 1946, he was the Chief of the Foreign Exchange Unit, Money and Banking Branch, ESS, GHQ-SCAP. Belpat was honorably discharged from the Army in 1946, but stayed in Japan and continued to work for the Army. Belpat created a Manufacturers Hanover in Tokyo which was the first American bank in Japan after the war. He was an important part of the reconstruction of Japan’s economy after the war, helping to increase the value of the yen to 360 a dollar, compared to 2.50 to the dollar before the war. Belpat later returned to the U.S. and passed away in 1997.