Bank of Japan appointed Shinichi Uchida as executive director of international affairs

Vastavam web: The Bank of Japan said on Monday it appointed Shinichi Uchida as the central bank’s new executive director of international affairs, responsible for communicating with other central banks on policies at Group of 20 and other global gatherings.Uchida has been among the central bank’s most influential bureaucrats on monetary policy, involved in the drafting of the BOJ’s key policies such as the adoption of negative interest rates and yield curve control in 2016.Uchida’s predecessor, Eiji Maeda, will become executive director overseeing monetary policy – a key post held previously by new deputy governor Masayoshi Amamiya, the BOJ said.