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BOJ GOV HAYAMI PLANS TO RESIGN; FUKUI POSSIBLE SUCCESSOR.
TOKYO, May 1 Asia Pulse - Bank of Japan Governor Masaru Hayami has decided to resign as early as this May, well ahead of the expiration of his term in March 2003, The Nihon Keizai Shimbun learned Friday.
Toshihiko Fukui, a former deputy governor of the BOJ, appears to be the most likely replacement. Fukui is currently chairman of the Fujitsu Research Institute, a private think tank.
Hayami wishes to make way for a younger successor now that the new administration of Junichiro Koizumi has been unveiled.
He has served as central bank governor for just over three years, and the quantitative monetary-easing measures the bank introduced in March have ...
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Source: HighBeam Research, BOJ GOV HAYAMI PLANS TO RESIGN; FUKUI POSSIBLE SUCCESSOR.