Takehiko Nakao

20 May 2016

ADB Staff Association holds annual meeting

About 450 staff attended the 38th Staff Association Annual General Meeting on 20 May at ADB headquarters in Manila. President Nakao reiterated to staff the importance of working together to pursue ADB's mission of eradicating poverty and promoting inclusive growth in Asia and the Pacific. 

5 May 2016

49th Annual Meeting concludes in Frankfurt, Germany

The 49th Annual Meeting concluded on 5 May with a press conference at which President Nakao highlighted key outcomes of the meeting. During the business sessions, ADB Governors asked ADB to maintain a strong focus on reducing poverty and addressing growing inequality. Also, they highlighted the need for ADB to use its increased financing capacity well and emphasized the role of ADB in supporting the COP21 agreement. The President welcomed Japan’s hosting of ADB’s 50th Annual Meeting in Yokohama next year. Read President Nakao's closing address at the 49th Annual Meeting of the Board of Governors. See the photo

5 May 2016

JFPR sustainable projects showcased in Frankfurt, Germany

President Nakao visited the Japan Fund for Poverty Reduction booth at the 49th Annual Meeting, where an exhibit featuring innovative and sustainable projects supported by the fund for the past 16 years was on display.

4 May 2016

CNBC debate focuses on Asia's economic outlook

President Nakao headlined a high-level panel for the CNBC Debate at the Annual Meeting on 4 May in Frankfurt, Germany. The panel discussed Asia’s economic outlook, with a particular focus on the Asian economy in 5 years’ time and whether Asia will continue to drive 60% of global growth. The President also participated in the Advancing Clean and Climate Resilient Development in Asia and the Pacific seminar. He discussed how ADB can help Asia and the Pacific achieve the goals of COP21.

3 May 2016

Governors’ Seminar discusses pathways to sustained growth

In the Governors’ Seminar on 3 May in Frankfurt, Germany, President Nakao joined a panel of senior officials in a discussion of structural reforms as pathways to sustained growth. The President also joined the ADB-IMF co-organized panel discussion exploring opportunities and risks arising from deeper macroeconomic links between Asia and Europe. During the 19th ASEAN+3 Finance Ministers and Central Bank Governor's Meeting, President Nakao outlined the ASEAN+3 economic outlook and key policy reforms and emphasized ADB’s continued support. 

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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.