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‘Mr. BOJ’ tipped as most likely candidate to succeed Kuroda


This relates to the previous yen poll here. The same group of economists also consider Amamiya, also known as “Mr. BOJ” after participating in many easy and unconventional central bank policy moves, as the most likely candidate to become the next governor. of BOJ after Kuroda (13 of 23 respondents voted for him, 7 voted for former BOJ Deputy Governor Nakaso).

It certainly won’t stray from the central bank’s policy stance in recent years, with Amamiya perhaps being the safe bet so to speak. In some context, Kuroda’s term is set to end in April 2023 and the race to succeed him will heat up in the coming months with a decision likely to be made early next year – with Japan’s Prime Minister Kishida who will of course have the last word.

Naomi Mugurama, veteran BOJ observer and MUFJ’s chief bond strategist, says:

“The next governor would face the challenge of strengthening the operational functions of the BOJ policy framework, without causing major market disruptions. This requires technocratic expertise and strength in decision-making (which makes Amamiya a suitable candidate). solid).”

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