Asian Development Bank says president Asakawa to leave in early 2025

Quick Summary:

Japan is set to back ex-financial diplomat Masato Kanda as his replacement.

The Yomiuri newspaper reported that Japan is set to back former top financial diplomat Masato Kanda as a candidate for the next ADB president.

The election of the ADB’s new president will follow “an open, transparent, and merit-based process” in accordance with the lender’s charter, the ADB said in a statement.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: President Measures Help Launch Economies Oversaw Adb’s Masatsugu Asakawa Region’s Deal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 18:12:41 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 228 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 22423746

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