Japan Lower House approves new BOJ board members

JAPAN - Japan's powerful Lower House of parliament on Thursday approved the appointment of two businessmen to the Bank of Japan's (BOJ) policy-setting board, to replace members whose terms expired at the end of March.

The two are Toshikatsu Fukuma, 64, an adviser to trading house Mitsui & Co Ltd , and Hidehiko Haru, 64, executive vice president at Tokyo Electric Power Co Inc (TEPCO).

The parliamentary process will be finalised when the Upper House approves the appointments, probably on Friday.

Fina

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