TOKYO -- The Japanese government has decided to nominate economics professor and former Bank of Japan policy board member Kazuo Ueda as the successor to Gov. Haruhiko Kuroda. The surprise choice came after Deputy Gov. Masayoshi Amamiya, who was considered the favorite, declined the offer because of two firmly held beliefs.
Bank of Japan
Why Japan picked Ueda as BOJ head instead of Amamiya
Deputy governor's beliefs led him to pass on job that was his for the taking
Bank of Japan Deputy Gov. Masayoshi Amamiya, left, and economics professor and former Bank of Japan policy board member Kazuo Ueda, right.(Nikkei montage)
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