Japan appoints first female central bank executive director

Tokiko Shimizu. Credit: bruegel.org

Japan's government on Monday appointed Tokiko Shimizu as the central bank's new executive director, who will be the first female official to assume the post.

Shimizu, a career central banker, will fill one of the BOJ's nine executive director posts that oversee the institutions' operations ranging from monetary policy, financial markets, economic analysis and the banking system.