The Asian Development Bank (ADB) said Tuesday that its president, Masatsugu Asakawa, was re-elected for a second term.

"My vision for the upcoming term is for the ADB to serve as the premier development institution for Asia and the Pacific as it supports its developing member countries in recovering from the coronavirus disease pandemic," Asakawa, 63, was quoted as saying in an ADB release.

Masatsugu Asakawa has been re-elected for a second term as president of the Asian Development Bank (ADB).  | KYODO
Masatsugu Asakawa has been re-elected for a second term as president of the Asian Development Bank (ADB). | KYODO