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Policy mastermind and outspoken dove set to help steer BOJ

Bank of Japan lifer and university professor picked as deputy governors

Masazumi Wakatabe, left, and Masayoshi Amamiya have been nominated as deputy governors of the Bank of Japan.

TOKYO -- The government's two picks for deputy governor at the Bank of Japan bring to the table different backgrounds certain to inform their approach to monetary policy for the next five years.

BOJ Executive Director Masayoshi Amamiya, long serving in the bank's monetary policy planning department, has "orchestrated nearly all of the policies of the last 20 years," a senior central bank official said -- a role that has earned him the nickname "Mr. BOJ." Viewed from early in his career as a prodigious talent and trusted by Gov. Haruhiko Kuroda, he is seen internally as a candidate to succeed the central bank chief when his expected second term ends in five years.

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