Japan reappoints Kuroda as BOJ chief picks reflationist academic as deputy
Haruhiko Kuroda
TOKYO (Reuters) - Japan reappointed central bank chief Haruhiko Kuroda for another term on Friday  and chose an advocate of bolder monetary easing as one of his deputies in a strong signal to investors that policymakers are in no rush to turn off a sweeping stimulus program.
Bank of Japan  (BOJ) Governor Haruhiko Kuroda  attends a financial and monetary committee session at the Lower House of the parliament in Tokyo  Japan  February 16  2018. REUTERS/Toru Hanai
As a former top Japanese currency diplomat   Kuroda  had criticized the BOJ for not doing enough to ease the pain a strong yen was inflicting on an export-reliant economy.
 His  calls for more radical monetary steps drew Abeâs attention and brought  him  to the BOJ helm in 2013  where  he  worked with Amamiya to deploy a sweeping asset-buying program.
A workaholic who does not play golf or drink much - making him a rare breed among Japanese policy elites -  Kuroda  has proved to be a safe hand for the government with  his  unwavering commitment to keep the money spigot wide open.
 He  befriended many overseas policymakers during  his  stint as head of the Asian Development Bank from 2005 to 2013.
People who work with him or know him well say  Kuroda  appears lively and fit for another term despite  his  age and the demanding schedule  which involves frequent overseas trips and visits to parliament to answer lawmakersâ questions.
 Kuroda  will face challenges different from five years ago in his second term. The yenâs ascent to 15-month highs has drawn verbal intervention from the finance minister  a sign Abeâs government may pile pressure on the BOJ to ramp up stimulus if yen rises persist.
TOKYO (Reuters) - Japan reappointed central bank chief Haruhiko Kuroda for another term on Friday  and chose an advocate of bolder monetary easing as one of his deputies in a strong signal to investors that policymakers are in no rush to turn off a sweeping stimulus program.
Bank of Japan  ( [TGT] attends a financial and monetary committee session at the Lower House of the parliament in Tokyo  Japan  February 16  2018. REUTERS/Toru Hanai
As a former top Japanese currency diplomat   Kuroda  had criticized the BOJ for not doing enough to ease the pain a strong yen was inflicting on an export-reliant economy.
 His  calls for more radical monetary steps drew Abeâs attention and brought  him  to the BOJ helm in 2013  where  he  worked with Amamiya to deploy a sweeping asset-buying program.
A workaholic who does not play golf or drink much - making him a rare breed among Japanese policy elites -   [TGT] has proved to be a safe hand for the government with   [TGT]   unwavering commitment to keep the money spigot wide open.
  [TGT]   befriended many overseas policymakers during   [TGT]   stint as head of the Asian Development Bank from 2005 to 2013.
People who work with  [TGT]  or know  [TGT]  well say   [TGT] appears lively and fit for another term despite   [TGT]   age and the demanding schedule  which involves frequent overseas trips and visits to parliament to answer lawmakersâ questions.
  [TGT] will face challenges different from five years ago in  [TGT]  second term. The yenâs ascent to 15-month highs has drawn verbal intervention from the finance minister  a sign Abeâs government may pile pressure on the BOJ to ramp up stimulus if yen rises persist.