Left Menu
Development News Edition

Bank of Japan appoints new executive director of International affairs

Shinichi Uchida has been among the central bank’s most influential bureaucrats on monetary policy.


Bank of Japan appoints new executive director of International affairs
After heading the BOJ’s division on monetary policy affairs, he became manager of the bank’s Nagoya central Japan branch. (Image Credit: Wikipedia)

The Bank of Japan said on Monday it appointed Shinichi Uchida as the central bank's new executive director of international affairs, responsible for communicating with other central banks on policies at Group of 20 and other global gatherings.

Uchida has been among the central bank's most influential bureaucrats on monetary policy, involved in the drafting of the BOJ's key policies such as the adoption of negative interest rates and yield curve control in 2016.

After heading the BOJ's division on monetary policy affairs, he became manager of the bank's Nagoya central Japan branch.

Uchida's predecessor, Eiji Maeda, will become executive director overseeing monetary policy - a key post held previously by new deputy governor Masayoshi Amamiya, the BOJ said.

Two BOJ deputy governors - career central banker Amamiya and former academic Masazumi Wakatabe - assumed their posts last month. Governor Haruhiko Kuroda will begin his second five-year term on April 9.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....

How to avoid fake universities and fishing bait like Farmington

As education sharks are roaming around to prey, we present a guide on how to mitigate hunters and reach to a genuine universityinstitute. In this era of commercialization of education, the fake universities and economic frauds in educationa...

How India is being pushed towards commercialization of higher education

The reluctance of the present dispensation in pushing the higher education towards commercialization is not just limited to the fees hike in Jawaharlal Nehru University JNU. It seems the government is gradually implementing a plan which is ...

Videos

Latest News

PRESS DIGEST- Financial Times - Dec 6

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Blackstone and Brookfield join 4 bln pounds hunt for UK student housing group IQ httpson.ft.c...

World Bank adopts $1 bln-plus annual China lending plan over U.S. objections

The World Bank said its board on Thursday adopted a new plan to aid China with 1 billion to 1.5 billion in low-interest loans annually through June 2025, despite the objections of U.S. Treasury Secretary Steven Mnuchin and several U.S. lawm...

Measles deaths, infections in 2019 set to exceed last year’s toll

Measles deaths and infections in 2019 are set to substantially exceed last years toll when more than 142,000 people died from preventable disease, the World Health Organization WHO said on Thursday.In a warning over dangerously low vaccinat...

Reports: Rockets filing protest to overturn loss

Not backing down in their fight to overturn their 135-133 double-overtime loss to the San Antonio Spurs, the Houston Rockets plan to file an official protest over the James Harden dunk that wasnt counted, multiple media outlets reported Thu...

Give Feedback