29.9 C
Delhi
Tuesday, July 1, 2025

Asian Development Bank elects Masato Kanda as next Prez

Date:

Share post:

Donate-GC-Razorpay

Manila (Philippines): The Asian Development Bank (ADB) said Thursday that its Board of Governors has unanimously elected Masato Kanda as the ADB’s 11th president.

Kanda, 59, currently serves as special advisor to Japan’s prime minister and minister of finance. He will assume office on Feb. 24, 2025, succeeding Masatsugu Asakawa, who will leave office on Feb. 23 next year.

Kanda will complete the unexpired term of Asakawa, which ends on Nov. 23, 2026.

“Kanda’s extensive experience in international finance and proven leadership in multilateral settings will serve the ADB well in navigating complex global economic challenges and fostering international cooperation,” said Chair of the ADB

Related articles

After Delhi’s Yash Kumar Murder, Victim’s Family Receive Death Threats

In yet another tragic incident that sent shockwaves around the national capital and beyond, 20-year-old Yash Kumar was...

Rs 580 cr tax evasion detected in Kerala in year 2024-25

Thiruvananthapuram: The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The...

Syria may sign peace agreement with Israel in coming months – Reports

Beirut: The issue of normalizing relations between Syria and Israel has been practically resolved, and an agreement may...

Record 256,000 migrants returned to Afghanistan from Iran in June – IOM

Tehran: A record 256,000 undocumented Afghan migrants returned to their homeland from Iran in June, and there are...