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Takehiko Nakao

17 May 2019

ADB President meets Prime Minister of Malaysia, reaffirms support

President Nakao met the Prime Minister of Malaysia, Dr. Mahathir Mohamad, on 17 May 2019 in Kuala Lumpur. They discussed how ADB can support Malaysia in areas such as water, urban transport, and renewable energy, including the possibility of lending to help the country incorporate more advanced technologies, diversify its project funding sources, and address debt sustainability. The President also handed the Prime Minister a copy of ADB’s 50-year history book, and highlighted the longstanding relationship between Malaysia and ADB. Read news release. Download photo.

13 May 2019

President Nakao and Australian ambassador discuss collaboration

President Nakao and Australian Ambassador to the Philippines, Mr. Steven Robinson, met on 13 May 2019 at ADB headquarters in Manila to discuss collaboration and economic developments in the Asia and Pacific region. ADB Alternate Director for Australia Scott Dawson and other senior officials from the Australian Embassy in Manila joined the meeting. Download photo

5 May 2019

52nd Annual Meeting concludes in Fiji

The 52nd Annual Meeting concluded in Fiji on 5 May 2019. President Nakao expressed his appreciation to Fiji for hosting this year’s meeting. During the Business Session on 4 May, Governors highlighted the importance of poverty reduction. The President welcomed the Republic of Korea’s hosting of the 53rd Annual Meeting in Incheon in 2020. Download photo

4 May 2019

ADB, Republic of Korea support ASEAN green infrastructure and ocean health

President Nakao and the Republic of Korea Deputy Prime Minister, Nam-ki Hong, met on 4 May 2019 in Fiji. The Republic of Korea pledged $350 million for cofinancing and a $5 million grant for technical assistance to the ASEAN Catalytic Green Finance Facility under the ASEAN Infrastructure Fund. Read news release

4 May 2019

CNBC Debate: Navigating global uncertainties

President Nakao joined the CNBC Debate at ADB’s 52nd Annual Meeting in Fiji on 4 May 2019. The debate considered how Asia and the Pacific can benefit from indigenous innovation, rapid technological change, and growing inter- and intra-regional foreign direct investment. The panel on 4 May considered tourism as a case study of particular interest to Asia and the Pacific given its influence on economic activity across economies. Download 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.