June 3, 2014 / 1:22 AM / 3 years ago

BOJ's architect of QE Amamiya reappointed for key post

TOKYO, June 3 (Reuters) - Masayoshi Amamiya, an architect of the Bank of Japan’s quantitative easing, was reappointed for a rare second term as executive director overseeing a key division charged with drafting monetary policy, the central bank said on Tuesday.

The reappointment, officially made by Finance Minister Taro Aso, ensures that responsibility for meeting the central bank’s 2 percent inflation target remains in the hands of a veteran official known for his deep contacts with the finance ministry and lawmakers.

Sources had told Reuters on Monday that Amamiya would be reappointed for the four-year term. (Reporting by Leika Kihara; Editing by Chris Gallagher)

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