The Abe government on Tuesday nominated banker Hitoshi Suzuki and economist Goshi Kataoka to the Bank of Japan Policy Board to replace two members who have frequently dissented against the direction set by Gov. Haruhiko Kuroda.
Suzuki, 63, an audit-board member of Bank of Tokyo-Mitsubishi UFJ Ltd., and Kataoka, 44, of Mitsubishi UFJ Research and Consulting Co., will replace Takahide Kiuchi and Takehiro Sato when their terms end July 23.
Kataoka is viewed as a reflationist who ought to bolster support for Kuroda's aggressive stimulus, while Suzuki brings experience in commercial banking and financial markets in Japan and abroad.
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