Kazuo Ueda, an economist and former member of the Bank of Japan policy board, was nominated Tuesday to be the next central bank governor.
Prime Minister Fumio Kishida presented the choice to parliament. Ueda, 71, would replace Haruhiko Kuroda, who will be stepping down after a second five-year term, leaving Ueda with the difficult task of steering the world's third-largest economy out of a time of unprecedented ultra-easy credit while contending with inflation and massive national debt.
