Yoshikuni to be named special adviser to BIS

JAPAN - The Bank for International Settlements has decided to appoint Shinichi Yoshikuni, a former Bank of Japan official, as special adviser to the Basel-based institution, it was learned 9 July.

It is rare for a former BOJ official to be posted to the BIS, but Yoshikuni's expertise in international banking operations is seen to be the reason for the appointment, informed sources said.

Yoshikuni, 50, has chaired a working group for the meeting of central bank chiefs of the 10 industrial nation