Bank of Japan Appoints First Female Executive in 138 Years

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Jeong Hyunjin] The Bank of Japan (BOJ) has appointed its first female executive in 138 years.

According to NHK and other broadcasters, BOJ announced on the 11th that Tokiko Shimizu, the Nagoya branch manager, has been promoted and appointed as the successor to Director Eiji Maeda, who retired the previous day.

Director Shimizu is the first female director in the history of BOJ, which was established in 1882. On the same day, she received her appointment letter from Deputy Prime Minister and Finance Minister Taro Aso and will serve for the next four years. Shimizu will also continue to serve as the Nagoya branch manager.

Shimizu, 55 years old this year, was born in Tokyo and joined BOJ after graduating from the University of Tokyo's Faculty of Engineering in 1987. In 2010, she was appointed as the Takamatsu branch manager, earning the title of BOJ's first female branch manager, leading the way for women executives at the Bank of Japan.

She has also served as the head of European operations and is regarded as well-versed in the global economy and financial markets.

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