Takehiko Nakao | Asian Development Bank

Takehiko Nakao

14 November 2017

People’s Republic of China Finance Minister visits ADB

President Nakao received People’s Republic of China (PRC) Finance Minister and ADB Governor Xiao Jie, together with Vice Finance Minister and ADB Alternate Governor Shi Yaobin on 14 November at ADB headquarters in Manila. The President congratulated Minister Xiao on the outcome of the 19th National Congress of the Communist Party of China and discussed the PRC’s economic development, challenges, and lessons learned. They discussed enhanced cooperation between ADB and the PRC, as well as ADB’s role in sustainable development in Asia and the Pacific.

8 November 2017

ADB Alternate Governor for Luxembourg visits ADB

President Nakao met with ADB Alternate Governor for Luxembourg Arsene Jacoby on 7 November at ADB headquarters in Manila. Mr Jacoby is also Director of Multilateral Affairs, Development Cooperation, and Compliance in the Ministry of Finance. They discussed ADB’s Strategy 2030 as well as the partnership between Luxembourg and ADB. See the photo.

27 October 2017

President reaffirms ADB’s strong support to CAREC

President Nakao, in a special address at the 16th CAREC Ministerial Conference on 27 October, reaffirmed ADB's commitment to support the CAREC Program. The Ministerial Conference endorsed the new CAREC long-term strategy leading to 2030. See news release and photo.

25 October 2017

President Nakao meets Tajikistan President

President Nakao met with Tajikistan President Emomali Rahmon in Dushanbe during his first visit to the country as ADB President on 25-26 October. President Nakao joined Tajikistan President Rahmon in a groundbreaking ceremony for the ADB-financed Dushanbe-Kurgonteppa road project; visited the Gorno-Badakhshan region with Minister of Foreign Affairs Sirojidin Aslov He also viewed an ADB-financed rehabilitation project at the Nurek hydropower plant. See news release and photo.

15 October 2017

President Nakao participates in Emerging Markets Forum, signs MOU with Nazarbayev University

The President took part in the Emerging Markets Forum 2017 Global Meeting on 15 October in Warrenton, Virginia, USA. At a ceremony on the sidelines of the meeting, the President signed a memorandum of understanding with Nazarbayev University President Shigeo Katsu to support ADB's 2017-2021 country partnership strategy for Kazakhstan. The agreement focuses on joint research, capacity building, and policy dialogue. 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.