ADB President and Philippine Finance Secretary meet to discuss lending
President Nakao and Philippine Finance Secretary and ADB Governor, Carlos G. Dominguez, met on 10 December 2018 at the Department of Finance in Manila to discuss lending support in 2018 and 2019. The meeting was followed by a ceremony to formally exchange loan documents for the $300 million Expanding Private Participation in Infrastructure Program subprogram 2 and the $300 million Inclusive Finance Development Program. See news, photo.
ADB calls for improved governance, anticorruption measures
President Nakao spoke at an event to mark International Anticorruption Day on 7 December 2018 at ADB headquarters in Manila. He stressed that ADB must continue to promote good governance and anticorruption measures to secure the future of Asia and the Pacific. Other speakers discussed the importance of knowledge sharing, transparency, and innovation in education and environmental management. See news release, photo.
President Nakao addresses Think20 conference in Japan
President Nakao delivered keynote remarks at the Think20 Japan Inception Conference on 4 December 2018 in Tokyo. The President spoke about how to use artificial intelligence and robotics to improve sustainable development, support consumer demand, increase service sector jobs, and protect the environment. Policy experts were encouraged to advance these issues at the 2-day event, which doubled as the ADBI Annual Conference. See photo.
President meets UNESCAP head
President Nakao met with Under Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (UNESCAP), Armida Salsiah Alisjahbana on 29 November 2018 at ADB headquarters in Manila. They discussed supporting the SDGs through knowledge, capacity building, and policy dialogue. See news release.
Internal Auditors Gather at ADB
A 2-day iaTech conference began on 22 November 2018 at ADB headquarters in Manila. It brought together more than 200 public sector internal auditors from 29 countries. President Nakao, in opening remarks, discussed the role of internal auditors in the age of digital transformation and the need for internal auditing to keep pace with new technology. See news release, photo.
President reaffirms ADB’s strong support to CAREC
President Nakao, in a special address at the 17th CAREC Ministerial Conference on 15 November 2018 in Ashgabat, Turkmenistan, reaffirmed ADB's commitment to the CAREC Program. Ministers and senior officials from 11 CAREC countries and development partners attended. This year’s conference focused on expanding regional trade and promoting economic diversification.
President Nakao announced that ADB will provide $2 billion in new assistance for regional CAREC projects in 2018 to help improve connectivity, address electricity supply and enhance trade. See news release, photo.
President Nakao meets President of Turkmenistan
President Nakao met with the President of Turkmenistan Gurbanguly Berdimuhamedov in Ashgabat on 14 November 2018 to discuss strengthening ADB’s development partnership with Turkmenistan. They spoke about how ADB could increase support to the country, including assistance to the energy, finance, social, transport, and water sectors. President Nakao also met other senior government officials. See news release and photo.
President Nakao speaks on economic outlook at Japan press club
President Nakao discussed the economic outlook for Asia and the Pacific, and its implications on the world economy at Japan’s National Press Club in Tokyo on 12 November 2018. He highlighted ADB’s operations, the impact of technology on jobs, and ADB’s vision to achieve a prosperous, inclusive, and resilient region. He discussed potential trade disputes between the People’s Republic of China (PRC) and the USA, ADB’s relationship with the PRC, and the role of nation states. See photo.
President Nakao meets with younger staff
President Nakao hosted an informal lunch with some of ADB's younger staff on 8 November 2018 at headquarters in Manila. They discussed the importance of having a united approach to encourage innovation in operations. This includes areas such as health, education, and public-private partnerships. The group also discussed promoting knowledge work, making better use of consultants, and more collaboration between knowledge and operations departments. Giving more responsibillity to junior staff and focusing more on their innovative ideas were also discussed. See photo.
Knowledge Forum highlights lessons, innovations for the future of development
President Nakao took part in ADB’s first Knowledge Forum on 6 November 2018 at ADB headquarters in Manila. He was part of a panel discussion on Knowledge Work in the Development Agenda: How Can IFIs Add Value? Sohail Inayatullah, UNESCO Chair in Futures Studies, delivered the special address at the forum. About 450 people attended the opening day of the two-day event. See news release, photo.