March 17, 2020 / 2:11 AM / Updated an hour ago

Japan govt nominates Hitachi exec Nakamura to join BOJ board

TOKYO, March 17 (Reuters) - The Japanese government on Tuesday nominated Toyoaki Nakamura, a Hitachi Ltd executive, to join the Bank of Japan’s nine-member policy board.

Nakamura, 67, would replace Yukitoshi Funo, a former executive of Toyota Motor who has consistently voted with the majority and holds a neutral stance.

If formally approved by parliament, Nakamura would begin his five-year term on July 1, as Funo serves out his term a day before. (Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)

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