The government on Thursday appointed former Waseda University economics professor Yutaka Harada to the Bank of Japan Policy Board.
Harada succeeds Ryuzo Miyao, a former economics professor at Kobe University whose five-year term on the nine-seat board ended Wednesday.
A University of Tokyo graduate, Harada, 64, worked for the Economic Planning Agency, now part of the Cabinet Office, before serving as chief economist at Daiwa Institute of Research and before becoming a professor at Waseda.
In economic terms, Harada is known as a "reflationist" who favors the market-boosting stimulus steps being used by Prime Minister Shinzo Abe to jump-start the economy, which has been mired in nearly two decades of deflation.