Takehiko Nakao | Asian Development Bank

Takehiko Nakao

15 January 2018

President Nakao discusses technological innovation and regional cooperation in Hong Kong, China

The President met with Financial Secretary and ADB Governor for Hong Kong, China Paul Chan Mo-po and Chief Executive of the Hong Kong Monetary Authority and ADB Alternate Governor Norman Chan on 15 January. He also met with James Lau, Secretary for Financial Services and the Treasury. He also spoke at the 11th Asian Financial Forum. He discussed the potential effects of technological innovation on employment, productivity, quality of services, and macro economy. President Nakao also highlighted ADB collaboration with Hong Kong, China on regional cooperation, including the Belt and Road Initiative, the Central Asia Regional Economic Cooperation Program, and the Greater Mekong Subregion. Read the news release.

12 January 2018

President Nakao discusses 2017 highlights with media

The President met international media from the Foreign Correspondents Association of the Philippines (FOCAP) in an event at ADB headquarters in Manila on 12 January. He discussed ADB's operational performance over the past year and strategic priorities for 2018. He also spoke about the regional economic outlook, the Philippine economy, and ADB's partnership with the country. About 30 FOCAP members attended. Read the news release and see the photo.

10 January 2018

President Nakao, Philippines Finance Secretary sign Mindanao roads project loan

President Nakao and Philippines Finance Secretary Carlos G. Dominguez III met on 10 January at ADB headquarters. They signed a $380 million loan for the Improving Growth Corridors in Mindanao Road Sector Project, ADB's biggest investment in this region of the Philippines and its first Mindanao-specific infrastructure project in 16 years. ADB and the Philippine Government also exchanged loan documents for the $300 million Encouraging Investments through Capital Market Reforms Program Subprogram 2. They also discussed the 51st Annual Meeting of the Board of Governors in May 2018 to be held in Manila as well as economic developments and structural reform in the Philippines. See the President’s welcome remarks, news release, and photo.

15 December 2017

President Nakao celebrates 2017 with staff

At an event at ADB headquarters in Manila in 15 December President Nakao thanked all staff for their hard work and commitment over the previous year and highlighted notable achievements including certain innovations in ADB operations. The President also presented long-service awards to staff. See the photo.

8 December 2017

ADB celebrates International Anticorruption Day

President Nakao led ADB staff in commemorating International Anticorruption Day on 8 December 2017 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.

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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.