Nomura Asset CEO to join central bank board

Japan's government picked Junko Nakagawa, the first female CEO of Nomura Asset Management, on Tuesday to join the central bank's fragmented nine-member board that faces the challenge of tackling the side-effects of prolonged monetary easing.

Nakagawa would join a Bank of Japan (BOJ) board split between members who see more room to ramp up stimulus, and others wary of the rising costs of prolonged easing.

Look she is a woman! So pay no attention to the revolving door between the financial industry and the monetary policy makers' policies that directly benefit them!

Same as in the US with Goldman's and JT Morgan heads in the Treasury.

Of the nine posts at the BOJ board, one has traditionally been held by a woman.

One from nine, I guess this is appropriate by Japanese standards...