Takehiko Nakao | Asian Development Bank

Takehiko Nakao

17 October 2018

President Nakao meets IFC head to discuss future collaboration

President Nakao and International Finance Corporation (IFC) Chief Executive Officer Philippe Le Houérou met on 17 October 2018 at ADB headquarters in Manila to discuss deepening collaboration on projects and initiatives in Asia and the Pacific. See news release, photo.

15 October 2018

President Nakao, People’s Republic of China Vice Finance Minister meet

ADB President Takehiko Nakao and People’s Republic of China (PRC) Vice Minister of Finance and ADB Alternate Governor Zou Jiayi met on 15 October 2018 at ADB headquarters in Manila. The President and Vice Minister Zou discussed development challenges, including inequality in the PRC. The President also discussed ADB’s cooperation with the country, encompassing knowledge, the provision of regional public goods, and revitalization of rural areas. See the photo.

13 October 2018

Putting technology to work for sustainable infrastructure

Top officials from multilateral development banks (MDBs) and the private sector discussed inclusive, resilient, and sustainable technology-driven infrastructure at the 2018 Global Infrastructure Forum, organized by ADB on 13 October 2018 in Bali, Indonesia. ADB President Takehiko Nakao, in a panel discussion with other MDB leaders, expressed optimism about the ability of Asia and the Pacific to integrate technology and innovation into the planning, implementation, and management of infrastructure. See news release, photo.

12 October 2018

ADB pledges $1 billion to support Sulawesi

In a meeting with Indonesia President Joko Widodo on 12 October 2018, President Nakao conveyed his condolences to those affected by the recent earthquake and tsunami in Central Sulawesi. The President pledged up to $1 billion for emergency assistance and reconstruction. Minister of Finance and ADB Governor Sri Mulyani Indrawati, Coordinating Minister for Economic Affairs Darmin Nasution, and Central Bank Governor Perry Warjiyo joined the meeting. See news release and photo. On the same day, the President met heads of regional and multilateral development banks to review collaboration on pricing for private sector operations, standards to prevent sexual harassment, and the G20 Eminent Persons Group report on Global Financial Governance.

11 October 2018

President takes part in high level Bali discussions, signs MOU with UNICEF

ADB President Takehiko Nakao took part in a policy dialogue on 11 October 2018 in Bali, Indonesia. The discussion, Regional Cooperation to Support Innovation, Inclusion, and Stability in Asia was co-hosted by ADB, the ASEAN+3 Macroeconomic Research Office, and Bank Indonesia. President Nakao said that new financial technologies are key to enhancing productivity for sustained and inclusive growth in the region. See news release.

On the same day, at a roundtable hosted by Caixin on reform in the People’s Republic of China (PRC), President Nakao discussed the challenges of financial sector reform in the PRC along with the People’s Bank of China Governor Yi Gang and Bank of Thailand Governor Veerathai Santiprabhob. A Memorandum of Understanding was also signed between ADB and UNICEF by UNICEF Executive Director Henrietta Fore and President Nakao. See news release, photo. The President also had a number of bilateral meetings.

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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.