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Outgoing Bank of Japan board member Takako Masai abstained from voting at today's policy meeting, a spokesperson said on Friday.

She judged abstaining from voting was the right thing to do to keep neutrality as she is reportedly moving to an executive position in a private company soon. Masai's five-year term ends on June 29. This is the first abstention since December 2004, when the then board member Atsushi Mizuno didn't vote.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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