Takehiko Nakao | Asian Development Bank

Takehiko Nakao

15 November 2018

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.

14 November 2018

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.

12 November 2018

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.

8 November 2018

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.

6 November 2018

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

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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.