© Reuters. FILE PHOTO: A passerby walks past in front of the Bank of Japan headquarters in Tokyo, Japan January 23, 2025. REUTERS/Issei Kato/File photo
The Japanese government on Thursday nominated Kazuyuki Masu, a former chief financial officer of Mitsubishi Corp , to join the Bank of Japan’s nine-member policy board.
Masu would replace former Hitachi (OTC:HTHIY) executive Toyoaki Nakamura, seen as among the most dovish members of the central bank’s board.
If formally approved by parliament, Masu would begin his five-year term on July 1, as Nakamura serves out his term a day before.
He will fill a post traditionally reserved for a business executive on the BOJ board, which comprises academics, economists, career bureaucrats and...