The nomination of Nomura Asset Management Chief Executive Officer Junko Nakagawa for the Bank of Japan’s board is seen maintaining the existing balance of opinions among the bank’s nine policy-setting members.
Prime Minister Yoshihide Suga’s government nominated Nakagawa, who pioneered a route for women to reach the upper echelons of Japan’s biggest securities firm, to replace the only woman on the board now, former banker Takako Masai, according to a parliamentary document seen Tuesday.
Little is known of Nakagawa’s specific policy leanings, but as she hasn’t been a vocal advocate of adding extra stimulus, she is expected to take a centrist’s position rather than a dissenter’s.