International relations

ADB chief Asakawa to step down, 'Mr. Yen' Kanda likely successor

Japanese Finance Ministry veteran says it is time for new leadership

20240909 Masato Kanda

Masato Kanda, Japan's former vice finance minister for international affairs, is being nominated to take over the presidency of the Asian Development Bank early next year. © Reuters

RAMON ROYANDOYAN and YOHEI HIROSE, Nikkei staff writers
September 9, 2024 17:59 JST
Updated on September 9, 2024 20:08 JST

MANILA/TOKYO -- The Asian Development Bank announced on Monday that its president, Masatsugu Asakawa, is planning to step down on Feb. 23, 2025.

Read Next

Latest on International relations

  • International relations

    Putin calls Xi, Modi, other leaders ahead of planned meeting with Trump

    Putin calls Xi, Modi, other leaders ahead of planned meeting with Trump
  • International relations

    South Korea's president eyes Japan visit in late August

    South Korea's president eyes Japan visit in late August
  • International relations

    China, US and Taiwan locked out of Pacific Islands Forum meeting

    China, US and Taiwan locked out of Pacific Islands Forum meeting

    • Sponsored Content

    About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.