MANILA -- The Asian Development Bank announced Monday that it has appointed Masatsugu Asakawa, Japan's former vice finance minister for international affairs, as its new president.
Japan's former top currency diplomat to succeed Takehiko Nakao in January

Masatsugu Asakawa, Japan's former top currency diplomat, will be the 10th ADB chief. (Photo by Yoichi Iwata)
MANILA -- The Asian Development Bank announced Monday that it has appointed Masatsugu Asakawa, Japan's former vice finance minister for international affairs, as its new president.