Takehiko Nakao

President Nakao addresses Association of Asia-Pacific Business Schools20 November 2014 President Nakao addresses Association of Asia-Pacific Business Schools

President Nakao spoke about Asia's economic situation and development challenges at the 10-year anniversary meeting of the Association of Asia-Pacific Business Schools on 20 November in Oita, Japan. The President emphasized the importance of business schools in undertaking research on reforming state owned enterprises, promoting higher education and vocational training, and developing Asian financial markets.

President Nakao opens Asian regional integration meeting17 November 2014 President Nakao opens Asian regional integration meeting

The President spoke about the importance of boosting productivity to sustain growth and promote welfare on 17 November at the start of a two-day meeting entitled The Future of Regional Cooperation and Integration and Productivity at ADB headquarters in Manila. President Nakao outlined a back-to-basics development agenda and the ways in which regional cooperation and integration can contribute to development.

President Nakao addresses East Asia Summit in Myanmar13 November 2014 President Nakao addresses East Asia Summit in Myanmar

The President, in a speech at the 9th East Asia Summit in Nay Pyi Taw, Myanmar on 13 November, highlighted the importance of infrastructure investment and the role of regional cooperation in promoting sustainable and balanced growth in Asia. President Nakao also met Myanmar President Thein Sein, Myanmar Finance Minister and ADB Governor Win Shein, and Thailand Deputy Prime Minister and Foreign Affairs Minister Tanasak Patimapragorn.

President Nakao meets UN Secretary-General Ban Ki-Moon13 November 2014 President Nakao meets UN Secretary-General Ban Ki-Moon

The President on 13 November met with UN Secretary-General Ban Ki-moon in Nay Pyi Taw. They discussed cooperation in addressing global sustainable development goals, climate change, disaster risk management, communicable diseases, development statistics, and finance.

Asian Development Fund (ADF) XI midterm review meeting12-13 November 2014 Asian Development Fund (ADF) XI midterm review meeting

ADF donor members, ADF developing member country representatives, and ADB Management and senior staff met 12-13 November in ADB headquarters for the midterm review of ADF XI. The meeting was opened by President Nakao, and chaired by Mike Callaghan, formerly of the Australian Treasury. Discussions focused on the ADF's performance, its development effectiveness, and the proposal to combine ADF lending operations with ADB's ordinary capital resources.

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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.