ADB celebrates International Anticorruption Day
President Nakao led ADB staff in commemorating International Anticorruption Day on 8 December 2018 in ADB Headquarters, Manila, Philippines. In his remarks, the President urged Management and staff to be champions in the fight against corruption, money laundering, and other illicit activities. Read the news release and see the photo.
President Nakao addresses ADBI annual conference
The President delivered the keynote speech at the Asian Development Bank Institute’s Annual Conference on managing private and local government debt on 30 November in Tokyo. He recommended policies to ease municipal government debt and to help countries prepare for possible financial crises. The conference discussed debt increase in Asia and drew lessons from case studies in the region. See the photo.
President Nakao highlights RCI’s role in reducing inequality and promoting sustainability
The President made the keynote address at the opening of RCI Week on 27 November at ADB headquarters in Manila. He spoke of the importance of regional cooperation and integration in reducing inequality, bridging infrastructure gaps, and building greater financial resilience. The event includes discussions on economic corridors, RCI skills and career mobility, and RCI corporate reporting. See the photo.
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.
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.
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.
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.
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.
President Nakao attends IMF/World Bank Annual Meeting
The President discussed the global economic outlook and other issues at meetings at the IMF/World Bank Annual Meeting on 13-15 October in Washington, DC. The President chaired a meeting of MDB heads and met the Chair of the G20 Eminent Persons Group, Singapore Deputy Prime Minister Tharman Shanmugaratnam. The heads of the four regional development banks, including ADB, met to discuss current strategic issues, engagement with the G20 and G7, and priority areas for collaboration. The President took part in two events as a panelist: Regional Development Banks in the New Multilateral Order, hosted by the Brookings Institution; and What is the Role of Multilateral Development Banks in the 21st Century?, hosted by the World Bank. The President also held meetings with government representatives, development partners and business leaders. See the photo.
President Nakao meets KfW official
The President met Roland Siller, a member of the Management Board of the German development bank KfW on 29 September in Manila. Discussions focused on long-term cooperation between ADB and KfW, risk management, and German official development assistance priorities. See the photo.