Central Banking

BoJ names new executive director for operations

The Bank of Japan said Tuesday 9 May that it has promoted Hajime Mizuno, director-general of the BoJ's operations department, to the post of executive director in charge of operations and payment and settlement systems.

Mizuno will replace Eizo Kobayashi who finished his four-year term on Tuesday, the central bank said.

The bank's operations department conducts, among other things, banking operations related to discounting of bills, credit extension and the buying, selling and lending of securi