Takehiko Nakao

  • 27 April 2015

    President Nakao sends deepest condolences to Nepal Prime Minister; ADB to provide $3 million for immediate relief

    In a letter to Prime Minister Sushil Koirala, President Nakao said he was saddened by the loss of life and property in the Nepal earthquake on 25 April, and that ADB stands together with the people of Nepal and the Government at this challenging time. ADB is providing a $3 million grant for immediate relief efforts, followed by up to $200 million in additional resources for projects in the first phase of rehabilitation. Read the news release.

  • 24 April 2015

    President Nakao meets with ESCAP Executive Secretary

    President Nakao and the Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), Shamshad Akhtar, signed a new Memorandum of Understanding (MOU) on 24 April at ADB HQ. The MOU reaffirmed collaboration in supporting economic and social development in the region. See the photo.

  • 18 April 2015

    President Nakao participates in World Bank/IMF Development Committee meetings, meetings of heads of MDB's, IMF, and International Development Finance Club in Washington, D.C.

    The President underscored the importance of joint MDB cooperation and commitment for financing the new Sustainable Development Goals at the 91st meeting of the World Bank/IMF Development Committee on 18 April in Washington, D.C. Read the statement. See the photo.

    On 19 April, the President met with the heads of MDB's, the IMF and the International Finance Club. The President also delivered a lecture at the Center for Strategic and International Studies (CSIS) and participated in a Brooking's Institution discussion. During his visit, the President held a series of meetings to discuss institutional reforms, global events, and matters of mutual interest with Jim Yong Kim, President of the World Bank Group; Kyunghwan Choi, ADB Governor and Deputy Prime Minister and Minister for Strategy and Finance, Republic of Korea; Neven Mimica, European Union Commissioner for International Cooperation and Development; Hela Cheikhrouhou, Executive Director Green Climate Fund; Phumzile Miambo-Ngcuka, Executive Director UN Women, and senior US government officials.

  • 16 April 2015

    President Nakao delivers speech at American University’s ASEAN Center in Washington, D.C.

    The President discussed the economic outlook and policy reforms in Asian countries and shared his ideas on eight key conditions for economic development, such as macroeconomic stability, infrastructure investment and transparent governance practices at a presentation hosted by the American University’s ASEAN Center in Washington, D.C. on 16 April. He also attended a G20 ministerial working dinner at the IMF. See the photo.

  • 9 April 2015

    President Nakao meets SAARC Secretary General

    The President met with Arjun Bahadur Thapa, Secretary General, South Asian Association for Regional Cooperation on 9 April at ADB HQ in Manila to discuss cooperation between the SAARC Secretariat and ADB. The SAARC Secretary General also met with Vice-President Wencai Zhang and gave a keynote address at a seminar on South Asian Economic Union. See the photo.

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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.