Manila, Dec. 2 -- Masatsugu Asakawa has been unanimously elected president of the Asian Development Bank (ADB) by its Board of Governors.
Asakawa, 61, currently Special Advisor to Japan's Prime Minister and Minister of Finance, will assume office as ADB's 10th President on 17 January 2020.
He will succeed Takehiko Nakao, who will leave office on 16 January 2020. Asakawa will finish the unexpired term of Nakao which ends on 23 November 2021.
"Mr. Asakawa's extensive and diverse experience in international finance and development will serve ADB well in pursuing its vision of a prosperous, inclusive, resilient, and sustainable Asia and the Pacific," said Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea and ...