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New Role For Nakaso Draws Questions Re: Race To Become Next BoJ Governor

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Note that after Thursday’s Tokyo close we saw former BoJ Deputy Governor Hiroshi Nakaso note that he has been appointed to serve on a financial advisory body to APEC. Nakaso has been seen as one of the more prominent candidates in the race to success current BoJ Governor Kuroda (and is viewed as a more hawkish choice than current BoJ Deputy Governor Amamiya). The news has triggered some debate re: the chances of Nakaso being nominated as a potential successor to outgoing Governor Kuroda, with some suggesting that an appointment so close to the nomination window rules him out of the race, while others have suggested that he could easily resign from this new post if he was chosen as the next BoJ Governor.

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Note that after Thursday’s Tokyo close we saw former BoJ Deputy Governor Hiroshi Nakaso note that he has been appointed to serve on a financial advisory body to APEC. Nakaso has been seen as one of the more prominent candidates in the race to success current BoJ Governor Kuroda (and is viewed as a more hawkish choice than current BoJ Deputy Governor Amamiya). The news has triggered some debate re: the chances of Nakaso being nominated as a potential successor to outgoing Governor Kuroda, with some suggesting that an appointment so close to the nomination window rules him out of the race, while others have suggested that he could easily resign from this new post if he was chosen as the next BoJ Governor.