Japanese government has decided to nominate Haruhiko Kuroda to serve as governor of the Bank of Japan for another term.
TOKYO: Japan’s parliament approved on Friday the government’s nominees for central bank governor and deputy governors, Lower House Speaker Tadamori Oshima said.
Bank of Japan Governor Haruhiko Kuroda has been approved for another five-year term after his current one ends in April.
Masazumi Wakatabe, an academic known as a vocal advocate of aggressive easing, and career central banker Masayoshi Amamiya will become Kuroda’s deputies next week.
The nominees were approved during a lower house plenary session, following approval by the upper house. Prime Minister Shinzo Abe’s ruling coalition holds a comfortable majority in the both chambers. - Reuters
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