Central Banks
Ishiba Picks Ex-Mitsubishi Corp Executive Masu for BOJ Board
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Prime Minister Shigeru Ishiba nominated a former Mitsubishi Corp. executive to join the Bank of Japan’s board at the end of June, offering a new voice at the central bank as it navigates intensified uncertainty as US President Donald Trump’s tariff campaign continues to evolve.
The government tapped the 66-year-old Kazuyuki Masu as Ishiba’s second selection for one of the nine seats on the BOJ board, according to a document released to reporters in parliament in Tokyo on Thursday. Masu would replace Toyoaki Nakamura, a former Hitachi Ltd. executive, whose five-year term ends on June 30.