ADB, AIIB agree to collaborate

May 2, 2015

ADB, AIIB agree to collaborate

Asian Development Bank President Takehiko Nakao said Saturday that the bank will boost its loaning capacity to about $20 billion in 2017 from about $13 trillion at present, a move some see as a rivalry against the China-led Asian Infrastructure Investment Bank. “It has ...

Mar 8, 2013

Nakao nominated to head ADB

Japan announced Thursday that it will nominate its top currency official, Takehiko Nakao, to head the Asian Development Bank as Haruhiko Kuroda prepares to step down to lead the Bank of Japan. Nakao has “extensive experience in international finance and development,” Finance Minister Taro ...

Top finance official eyed for ADB slot

Mar 7, 2013

Top finance official eyed for ADB slot

The government will field leading financial official Takehiko Nakao as a candidate to replace current Asian Development Bank chief Haruhiko Kuroda, who has been nominated to be the new governor of the Bank of Japan, sources said Wednesday. Finance Minister Taro Aso is expected ...