Japanese Prime Minister Fumio Kishida has announced that he will replace Bank of Japan Governor Haruhiko Kuroda, whose term ends in April.
Prime Minister Kishida appeared on a Japanese private broadcaster on the 22nd (local time) and said, "First of all, people change" regarding the personnel appointment of the governor of the Bank of Japan.
It has been made clear that there will be no re-election of Governor Kuroda, whose second term ends on April 8.
Prime Minister Kishida also announced that he would propose a successor to Kuroda next month to the Diet.
Kuroda, who took office in March 2013, is the longest-serving governor of the Bank of Japan and has supported former Prime Minister Shinzo Abe's economic policy, 'Abenomics', represented by large-scale monetary easing, for nearly 10 years.
According to local media, Kuroda's successors include former Vice President Hiroshi Nakaso, former Bank of Japan former Vice President Masayoshi Amamiya, and Masatsugu Asakawa, former President of the Ministry of Finance and Asia Development Bank (ADB).
(Photo = Getty Image Korea)