BOJ governor contender Nakaso takes up APEC advisory council post

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BOJ governor contender Nakaso takes up APEC advisory council post
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Former Bank of Japan (BOJ) Deputy Governor Hiroshi Nakaso, seen as a leading contender to become the new central bank chief, said he has taken up a post heading a financial conference under the Asia-Pacific Economic Cooperation (APEC) advisory council.

He made no mention on monetary policy or the process to choose the next central bank governor.

Finance Minister Shunichi Suzuki declined to comment, when asked at a briefing on Friday whether Nakaso's comment on assuming the ABAC job has heightened the chance Amamiya will become next BOJ governor. Yasunari Ueno, chief market economist at Mizuho Securities, said the ABAC post alone will not be reason for Nakaso to turn down a job as important as BOJ governor.

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