Japan Lower House approves new BOJ board members

JAPAN - Japan's powerful Lower House of parliament on Thursday approved the appointment of two businessmen to the Bank of Japan's (BOJ) policy-setting board, to replace members whose terms expired at the end of March.

The two are Toshikatsu Fukuma, 64, an adviser to trading house Mitsui & Co Ltd , and Hidehiko Haru, 64, executive vice president at Tokyo Electric Power Co Inc (TEPCO).

The parliamentary process will be finalised when the Upper House approves the appointments, probably on Friday.

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