Japan's Abe nominates Kuroda as next BOJ governor

Japanese Prime Minister Shinzo Abe nominated Asian Development Bank President Haruhiko Kuroda to lead the nation’s central bank, raising the likelihood of further monetary stimulus this year.

28th February, 2013
Japanese prime minister Shinzo Abe

Japanese Prime Minister Shinzo Abe nominated Asian Development Bank President Haruhiko Kuroda to lead the nation’s central bank, raising the likelihood of further monetary stimulus this year.

Kikuo Iwata, a professor at Tokyo’s Gakushuin University who advocates greater government oversight of the Bank of Japan, and BOJ executive director Hiroshi Nakaso were nominated for the two deputy governor positions, the nation’s parliament said in a statement today.

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