Female BOJ member would help promote gender diversity

A woman appointed to the Bank of Japan's top brass would help promote gender diversity across the country, according to Takako Masai, a former member of the central bank board.

As speculation heats up over the new BOJ leadership and changes that may bring, Masai said the bank may need to verify the feasibility of policy normalization before it moves in that direction.

Economists are expecting a female candidate to be in one of the BOJ's most senior positions this spring. Masai said that if a woman is chosen, it will send a big message to Japanese companies and organizations to promote gender diversity. She said it would be great if the appointment could provide a catalyst.

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