Takehiko Nakao

  • 26 May 2015

    President Nakao meets with the Republic of Korea President

    President Nakao met with Republic of Korea President Park Geun-hye on 26 May in Seoul to discuss ADB's partnership with the country. The President delivered a keynote speech at the ADB-Korea Development Institute Conference on Regional Financial Cooperation to Enhance Financial Resilience and Stability. He also participated in a panel discussion with ADB Institute Dean Naoyuki Yoshino and ADB Chief Economist Shang-Jin Wei. The President met with Deputy Prime Minister and Strategy and Finance Minister, also ADB Governor, Kyung Hwan Choi and signed an MOU on Enhancements to Cofinancing Arrangements. Read the news release.

  • 21 May 2015

    Thought leaders underscore critical need for knowledge

    President Nakao on 21 May affirmed that Asia has extensive development knowledge but needs to better harness it to provide real-time solutions in his remarks at the Thought Leaders Panel at ADB HQ. The panel was part of the 3rd Asia Think Tank Summit: Inclusive Knowledge Partnerships for Development.

  • 21 May 2015

    ADB, WTO, WCO discuss multilateral trade for inclusive growth

    World Trade Organization Director-General Roberto Azevêdo, distinguished speaker at the Multilateral Trade for Inclusive Growth Roundtable Discussion on 21 May in HQ, discussed the achievements and implementation of the Bali Package; and prospects for the 10th WTO Ministerial Conference to be held in December in Nairobi. President Nakao reiterated ADB’s commitment to support trade in the region through cross-border infrastructure, trade facilitation, and trade finance.

  • 19 May 2015

    Partnership Forum with private sector opens in HQ

    President Nakao, in welcome remarks at the Partnership Forum: Innovation for Resilient and Smart Communities on 19 May at ADB HQ, stressed ADB must deliver finance combined with knowledge to remain relevant to Developing Member Countries. ADB Vice-President Stephen Groff emphasized the role of ICT to build smarter cities at the opening of the forum where 350 participants, including private sector representatives, DMC officials, and ADB staff are expected to attend. See the photo.

  • 15 May 2015

    President's Advisory Group on Climate Change and Sustainable Development holds seventh meeting

    The President's Advisory Group met on 15 May to discuss the implications of expected agreements on the post-2015 Sustainable Development Goals (SDGs) and the Paris climate change negotiations on the Asia and Pacific region. President Nakao in his opening speech underscored that 2015 is a crucial year for sustainable development and climate change with upcoming agreements on the post-2015 SDGs and a new global climate deal. He said that ADB is doing more to step up its assistance to DMCs to close the financing gap for sustainable development and climate projects.

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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.