TOKYO: Japan's central bank saw some sweeping changes in a personnel reshuffle on Monday, including the appointment of its first female executive director in the male-dominated institution.
Tokiko Shimizu, a 55-year-old career central banker, became the first woman to fill one of the Bank of Japan's six executive director posts in government appointments announced on Monday.
Just one woman serves in the BOJ's nine-member board that makes key policy decisions. Takako Masai is a former commercial banker.While 47% of all BOJ staff are women, the ratio drops to 20% for career and expert positions, according to BOJ data. The BOJ also decided on Monday to extend responsibilities of its executive director Shinichi Uchida, who has overseen international affairs, to include monetary policy.
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