Takehiko Nakao

Biography

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Takehiko Nakao is the President of the Asian Development Bank (ADB) and the Chairperson of ADB's Board of Directors. He was elected President by ADB's Board of Governors and assumed office in April 2013.

Before joining ADB, Mr. Nakao was the Vice Minister of Finance for International Affairs at the Ministry of Finance of Japan.

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Activities

President Nakao meets with Viet Nam's top leaders

President Nakao meets with Viet Nam's top leaders

President Nakao met with Viet Nam’s State President Truong Tan Sang, Prime Minister Nguyen Tan Dung, and State Bank Governor and ADB Governor Nguyen Van Binh on 18 September on the first day of his 2-day visit to Viet Nam. In meetings with Viet Nam's leaders President Nakao praised the country's macroeconomic and political stability, and reaffirmed ADB's support for structural reforms and increasing competitiveness.
 
President Nakao meets Pakistan Prime Minister

President Nakao meets Pakistan Prime Minister

The President and Pakistan's Prime Minister Nawaz Sharif met in Islamabad on 17 September to discuss ADB’s partnership and the major development challenges facing the country. President Nakao appreciated the government’s efforts to put Pakistan's economy on a sustainable growth path and encouraged continued reforms to boost development, promote regional integration, and reduce poverty. He also witnessed the loan agreement signing for a four-lane expressway from Hassanabdal to Sarai Saleh, part of a CAREC trade corridor. President Nakao and Finance Minister and ADB Governor Mohammad Ishaq Dar also addressed a joint press conference.
 
President Nakao meets Pakistan President

President Nakao meets Pakistan President

The President met Pakistan President Mamnoon Hussain on 16 September in Islamabad and expressed sympathy for lives and property lost in recent floods. President Nakao also met Finance Minister and ADB Governor Senator Ishaq Dar to discuss the country's economic outlook and development priorities.
 
ADB marks 10 years of independent evaluation

ADB marks 10 years of independent evaluation

President Nakao on 9 September highlighted the need for innovative approaches to Asia's increasingly complex development challenges in remarks at the Innovation and Learning in a Changing Asia forum in ADB headquarters, marking 10 years of independent evaluation at ADB. The President was joined at the opening session by Sanjay Pradhan, World Bank Group Vice President for Leadership, Learning and Innovation; and Alexia Latortue, US Department of Treasury Deputy Assistant Secretary, International Development Policy.
 
Bhutan Prime Minister visits ADB

Bhutan Prime Minister visits ADB

President Nakao on 5 September met with Bhutan Prime Minister Tshering Tobgay in ADB headquarters and discussed the country's development challenges and ADB operations. The President and Bhutan Finance Minister and ADB Governor Namgay Dorji signed a $31.4 million loan and a $19 million grant agreement for the SASEC Road Connectivity Project. The Prime Minister spoke at a Board Colloquium on Three Decades of Development Partnership Between Bhutan and ADB; and also presented Bhutan’s Economic Vision-Prosperity for All at the Eminent Speakers' Forum. Read the news release.