NEW ADB CHIEF TAKES OFFICE

NEW ADB CHIEF TAKES OFFICE

“JAPANESE Masatsugu Asakawa assumed office as the 10th President of the Asian Development Bank (ADB) on Friday.

"I am honoured to assume the role of ADB President and to begin working in close cooperation with our 68 member countries,” Asakawa said.

“ADB has been a trusted partner of the region for more than half a century, supporting strong growth that has improved the lives of people across Asia and the Pacific,” he added.

“I will strive to ensure ADB remains the preferred choice of its clients and partners.”

“Asakawa succeeds Takehiko Nakao, who stepped down on 16 January 2020.

“In a career spanning close to four decades, Asakawa has held a range of senior positions at the Ministry of Finance of Japan, including Vice Minister of Finance for International Affairs, and gained diverse professional experience in development policy, foreign exchange markets, and international tax policy.”

Copyright @ 2020, Solomon Star News.

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