The government plans to nominate Kazuo Ueda, 71, an economist and former Bank of Japan policy board member, to succeed outgoing BOJ Gov. Haruhiko Kuroda, whose term ends April 8.
Currently a professor at Kyoritsu Women's University, Ueda would be the first academic to be appointed BOJ governor. Ueno is well versed in monetary policy and the international economy, and will be entrusted with steering the BOJ's prolonged monetary easing policy.
The government also plans to nominate former Financial Services Agency Commissioner Ryozo Himino, 62, and BOJ Executive Director Shinichi Uchida, 60, as BOJ deputy governors.
