Takehiko Nakao

The President on 23 September shared his insights on the medium-term review of Strategy 2020 at the opening of the Country Directors Forum, ongoing until 25 September in ADB headquarters. Country directors from 22 field offices are attending the annual event that provides an opportunity for discussion of ADB's strategic initiatives and operational issues that affect resident missions.

The President shared his views with finance ministers on the Asian economic outlook and trade finance at the event held on 20 September in Bali, Indonesia. The ministers discussed how the region's economic growth can remain resilient as markets respond to evolving macroeconomic policies. They agreed to reinforce financial stability; boost job creation; and promote innovation through structural reforms, trade finance, infrastructure investment, and financial inclusion. Read the President's speeches on Asia's macroeconomic outlook and trade finance.

The President on 19 September met with World Bank's Chief Operating Officer and Managing Director Sri Mulyani Indrawati to exchange views on the institutions' operations and challenges during the APEC Finance Ministers' Retreat in Bali. They noted similarities in challenges faced by ADB and the World Bank, particularly in dealing with the needs of middle-income countries. Ms. Indrawati accepted the invitation to speak at ADB's 47th Annual Meeting of the Board of Governors in Astana in 2014.

The President held a bilateral meeting with Indonesia's Finance Minister and ADB Governor Muhamad Chatib Basri on 19 September on the sideline of APEC Finance Ministers' Meeting in Bali. They discussed the recent economic development and policies, continued cooperation between ADB and Indonesia, and ways to deepen engagement in knowledge works. President Nakao also met with Hong Kong, China's Financial Secretary and ADB Governor John Tsang Chun-wah to discuss the latest financial situation.