Takehiko Nakao

29 January 2016

IMF, ADB hold joint retreat

Staff from the International Monetary Fund and ADB discussed the economic outlook for Asia and possible collaboration at a joint retreat on 29 January at ADB in Manila. President Nakao shared his perspective on the global and Asian economy in his opening remarks, while IMF Asia and Pacific Department Director Changyong Rhee moderated a discussion between ADB and IMF staff. Bilateral meetings also took place. See the photo.

26 January 2016

President Nakao speaks at OMFIF Roundtable in the United Kingdom

The President spoke at the Official Monetary and Financial Institutions Forum Roundtable on ADB and the Challenges of Asian Infrastructure on 26 January at the Reform Club in London. He discussed the economic outlook for developing Asian countries, private sector involvement in infrastructure investment, and cooperation with AIIB. The President also met with Desmond Swayne, UK Minister of State for International Development and ADB Alternate Governor.

25 January 2016

President Nakao visits Austria

The President met with Austria Federal Minister of Finance and ADB Governor Johann Georg Schelling on 25 January in Vienna and discussed the partnership between ADB and Austria, including ADF 12 Replenishment and reform in the Asia and Pacific region. President Nakao also met with Austrian Economic Chamber of Commerce President Christoph Leitl, and gave a speech at the Economic Forum on opportunities in Asia. He discussed possible collaboration between ADB and the United Nations Industrial Development Organization in a meeting with its President Li Yong. See the photo.

22 January 2016

President Nakao meets world leaders at WEF Davos

The President attended two informal gatherings of world leaders on COP21 - From Declaration to Implementation and Imperatives for 2016 on 22-23 January at the 46th World Economic Forum annual meeting in Davos, Switzerland. President Nakao, addressing a public session on Catalysing Clean Power as a panelist, commended the strong commitment of Asian leaders to COP21 emission reduction targets and explained ADB's commitment to double its climate financing by 2020. President Nakao also participated in the WEF Global Issues Group, comprising heads of leading international organizations; met with MDB presidents at an event hosted by Switzerland's Federal President Johann Schneider-Ammann; and held a bilateral meeting with Adam Posen, president, Peterson Institute for International Economics. 

21 January 2016

President Nakao joins WEF Davos high-level panel on South Asia

The President highlighted the importance of macroeconomic stability, infrastructure, education, trade, and investment regime for job creation and sustainable growth at the Regions in Transition: South Asia event on 21 January at the 46th World Economic Forum Annual Meeting in Davos, Switzerland.

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ADB President Takehiko Nakao

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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.

In a career spanning more than three decades, Mr. Nakao has gained extensive experience in international finance and development. He has held senior positions in the Ministry of Finance in Japan, which he joined in 1978, including Director-General of the International Bureau, where he fostered close ties with leading figures in the Asia-Pacific region, and G20 nations.

He was assigned as Minister at the Embassy of Japan in Washington D.C., between 2005 and 2007, and from 1994 to 1997 served as economist and advisor at the International Monetary Fund.

He has published books and numerous papers on financial and economic issues, and in 2010 and 2011 was a Visiting Professor at the University of Tokyo.

Born in 1956, Mr. Nakao holds a Bachelor’s degree in Economics from the University of Tokyo and a Master of Business Administration from the University of California, Berkeley.