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Masatsugu Asakawa elected 10th ADB President


Masatsugu Asakawa elected 10th ADB President


Masatsugu Asakawa has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors.

Asakawa, 61, currently special advisor to Japan's PM and Minister of Finance, will assume office as ADB's 10th President on January 17, 2020. He will succeed Takehiko Nakao, who will leave office on January 16, 2020.

In a career spanning close to four decades, Asakawa has held a range of senior positions at the Ministry of Finance of Japan.