ADB's new president takes over office

Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) on Monday, reports UNB.

Kanda succeeds Masatsugu Asakawa, continuing a legacy of excellence and innovation, according to a press release.

With nearly four decades of experience in international finance and development policy, Kanda is widely recognised for his forward-thinking leadership and his decisive interventions during periods of market volatility.

Kanda said that with the trust of our 69 members and strong support of dedicated staff, he is committed to advancing ADB's mission to promote sustainable, inclusive, and resilient growth.