The House of Councilors on Friday approved the government's decision to appoint two new members of the Bank of Japan Policy Board: Toshikatsu Fukuma, vice chairman of the Japan Association of Corporate Executives, and Hidehiko Haru, executive vice president of Tokyo Electric Power Co.
The Upper House's approval in a plenary session followed Thursday's endorsement by the House of Representatives.
With the Diet clearance, the Cabinet is set to formally appoint them.