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MNI BRIEF: Uchida, Himino Appointed BOJ Deputy Governors

(MNI) TOKYO

Japan's government on Monday officially appointed Shinichi Uchida, a former Bank of Japan executive director, and Ryozo Himino, a former commissioner of the Financial Services Agency, as Bank of Japan deputy governors.

The deputy governors in confirmation hearings brushed aside the chance of an imminent change in easy policy, saying the BOJ needs to maintain its easy policy as the 2% price target hadn’t been achieved.

BOJ Governor Haruhiko Kuroda’s term ends on April 8 and Kazuo Ueda, a former BOJ board member, will become governor on on April 9.

The BOJ also announced that Takeshi Nakajima, former Nagoya branch manager, was promoted to be one of six executive directors and Osaka branch head.

Seiichi Shimizu, who is now one of the six executive director, took over as executive director in charge of monetary policy from Uchida.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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